Platinum repeats the positive close – Analysis – 22-10-2018
Economies.com
2018-10-22 07:31AM UTC
Despite Platinum price’s weak trades, getting a new positive close above the minor bullish channel’s resistance at 826.00 reinforces the main bullish overview for the upcoming trading, which allows us to wait to reach the first target at 855.00 followed by attempting to form strong bullish attack to manage to touch the next main target at 880.00.
Stochastic release from the oversold areas hints ending the negative pressures to increase the chances of gathering the required additional positive momentum to reach the suggested positive stations.
Expected trading range for today is between 826.00 and 855.00
Expected trend for today: Bullish
Commodities News
Commodities
Gold tumbles to one-month lows but still logs in monthly profit
2024-04-30 20:41PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, but the precious metal ...
Commodities
Oil prices extend losses, with Brent plumbing five-week lows
2024-04-30 14:59PM UTC
Oil prices fell in American trade on Tuesday, extending losses for the third straight session, with ...
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities Technical Analysis
Commodities
Oil price will reach $100 in 2024? Expert analysis and which are the best brokers for trading it
2024-05-01 11:23AM UTC
Technical Forecasts for Oil Prices The Best 2 Oil Trading Brokers for This Year The ...
Commodities
Brent oil price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Brent Oil Price Analysis: Expected Scenarios Brent oil price resumes its negative trading to ...
Commodities
Silver price forecast update 01-05-2024
2024-05-01 10:07AM UTC
Silver Price Analysis: Expected Scenarios Silver price settles below the broken neckline of the ...