Platinum price renews the positive action – Forecast today – 29-3-2024

Economies.com
2024-03-29 06:10AM UTC

Platinum Price Forecast for Today - 29-3-2024

Platinum price confirmed keeping the bullish track by forming new bullish wave yesterday, taking advantage the stability of 888.00$ support line, to notice achieving some positive gains by touching 910.50$ level.

Stochastic continuous positive momentum will increase the efficiency of the bullish track, to ease the mission of surpassing 915.00$ obstacle and open the way to resume the bullish attack, to expect targeting 932.00$ level direct, followed by reaching the next main target at 950.00$.

Expected Trading Range for Today:

  • Between 900.00$ and 922.00$

Trend Forecast:

Bullish

 

Commodities News

Gold News

Commodities

Gold gains cautious ground ahead of US data
2024-05-09 09:49AM UTC
Gold prices rose in European trade on Thursday for the first time in three days amid active buying ...
Natural Gas News

Commodities

Why's Germany choosing natural gas instead of nuclear power?
2024-05-08 19:47PM UTC
The world is witnessing a renaissance of nuclear power, which has sent uranium prices soaring in ...
Oil News

Commodities

US crude stocks fall more than expected last week
2024-05-08 15:53PM UTC
The Energy Information Administration reported a drop of 1.4 million barrels in US crude stocks ...

Commodities Technical Analysis

Brent oil Analysis

Commodities

Brent oil price forecast update 09-05-2024
2024-05-09 09:35AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price is testing 84.77$ level and ...
Oil Analysis

Commodities

Crude oil price forecast update 09-05-2024
2024-05-09 09:35AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price trades with clear positivity ...
Silver Analysis

Commodities

Silver price forecast update 09-05-2024
2024-05-09 09:34AM UTC
Silver Price Analysis Expected Scenario Silver price trades positively to touch our first ...