manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus

Close
Log in

Short platinum below 890.56

Gas weekly

Short platinum below 890.56

Technical observation

After breaking above a resistance zone 2.617-2.557, gas retraced severally to the zone as a support before moving up towards a resistance 3.468.Currently it is rallying between 2.617-2.557and 3.468 and I expect either a correction to the zone and a rejection from it for possible bullish momentum or a rally to 3.468 and a rejection from it for possible bearish momentum advisable for short term traders. I would advise you remain flat and wait for the retracement to 2.617-2.557 then long gas within the zone with your take profit at 3.468 and stop loss around 2.194.Remain long in case of a breakout above 3.468.

Trade signal

 Remain flat.

 

 

         Platinum weekly

Short platinum below 890.56

Technical observation

 Platinum is trading on a downward trend. Platinum retraced six times at a resistance zone 1039.87-1023.40 before rallying down towards a support 890.56, currently it is around 890.56 and I expect a breakout below it followed by a correction to it for possible bearish momentum this week and the weeks to come. I would advise you wait for a breakout below 890.56 followed by a correction to it to short platinum with your take profit at 753.96 and stop loss around 1100.41.If it does not break below 890.56 and instead pulls back to 1039.87-1023.40, short platinum within the zone with your ideal target at 890.56.

 Trade signal

 Wait for a breakout below 890.56 to short platinum

 

 

   Brent weekly          

Short platinum below 890.56

Technical observation

 Brent has been on an upward trend ,recently after rallying to a resistance line 80.61,it could not penetrate above it and was rejected, it then  went down but could not reach the zone 62.35-60.83.Currentlt it is rising towards 80.61 and I expect a breach above it with a big green candle followed by a correction to it for possible bullish momentum towards 103.86.I would advise you remain flat and wait for the breakout above 80.16 then long Brent after a correction to it.If it does not break above 80.16 and instead corrects to the support zone 62.35-60.83,long Brent within the zone with your take profit at 80.61.

Trade signal

Remain flat.

 

101% Double the volume

!Attention!
All bonus participates in drawdown!
More detailed

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .