Platinum revives – Analysis – 19-2-2020

Economies.com
2020-02-19 07:30AM UTC

Platinum price exited its sideways range by taking advantage the positive pressures, to notice forming strong bullish wave and record 1000.00 level, to surpass our first target mentioned in the previous report.

 

The price gets its positive momentum by moving within the bullish channel, besides stochastic forming the positive waves, allowing us to suggest more bullish attempts until reaching 1025.00 followed by 1070.00 levels.

 

The expected trading range for today is between 950.00 and 1025.00

 

The expected trend for today: Bullish

Commodities News

Silver News

Commodities

Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Gold News

Commodities

Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...
Oil News

Commodities

Oil prices regain ground after US inventory drawdown
2024-05-09 14:50PM UTC
Oil prices rose in American trade on Thursday on track for the second profit in a row away from ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Oil Analysis

Commodities

Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...
Silver Analysis

Commodities

Silver price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Silver price keeps rising to approach our first waited target at ...