financetom
Technology
financetom
/
Technology
/
Platinum price moves away from the resistance– Forecast today – 22-5-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Platinum price moves away from the resistance– Forecast today – 22-5-2024
May 21, 2024 11:42 PM

Platinum Price Analysis Expected Scenario The Platinum price formed more of the bearish correctional waves, to move away from the resistance at 1085.00$, confirming its surrender to the bearish bias domination by hitting 1030.00$ level, attempting to surpass the initial extra support. Providing negative momentum by stochastic will increase the efficiency of the suggested bearish correctional track, to keep waiting for targeting extra negative stations that might extend to 1015.00$ and 1000.00$. Expected Trading Range Between 1060.00$ support and 1015.00$ resistance.

Trend Forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Foreign-branded mobile phone sales in China edge up in April
Foreign-branded mobile phone sales in China edge up in April
May 30, 2025
BEIJING (Reuters) -Sales of foreign-branded mobile phones in China, including Apple Inc's ( AAPL ) iPhones, edged up in April, according to data released by a government-affiliated research company on Friday. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that April shipments of foreign-branded phones in China rose to 3.52 million units...
Factbox-Foreign companies eye US expansion to lessen fallout from tariffs
Factbox-Foreign companies eye US expansion to lessen fallout from tariffs
May 30, 2025
(Reuters) -Some non-U.S. companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's tariffs. Below are some of the plans flagged by those companies. ASM INTERNATIONAL The Dutch chip-making equipment supplier has started local production of tools for U.S. chipmakers in response to the...
China signals softer stance on rare earth export curbs
China signals softer stance on rare earth export curbs
May 30, 2025
BEIJING (Reuters) - China said it would cooperate further with other countries over its rare earth export controls as shortages put auto and semiconductor makers in Europe and India at risk of closure. China, which controls over 90% of global processing capacity for the rare earth magnets used in everything from automobiles and fighter jets to home appliances, imposed restrictions...
Foreign-branded mobile phone sales in China edge up in April
Foreign-branded mobile phone sales in China edge up in April
May 30, 2025
BEIJING, May 30 (Reuters) - Sales of foreign-branded mobile phones in China, including Apple Inc's ( AAPL ) iPhones, edged up in April, according to data released by a government-affiliated research company on Friday. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that April shipments of foreign-branded phones in China rose to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved