Category: Forex News, News
Platinum price keeps the negativity– Forecast today – 16-5-2025
No news for Copper price until this moment by its repeated sideways fluctuation near $4.6200 level, attempting to settle below the initial barrier at $4.6600, reinforcing the chances for activating the suggested negative scenario, reminding you that the initial targets are located near $4.4500 and $4.3100 level.
Note that regaining the bullish bias requires forming strong bullish waves, to surpass the resistance at $4.9100, and holding above it to open the way towards achieving big gains that might begin at $5.0300.
The expected trading range for today is between $4.4500 and $4.6800
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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