Category: Forex News, News
Platinum price resumes the rise– Forecast today – 23-5-2025
Copper price began today’s trading with a new positivity by surpassing the barrier at $4.6600, announcing its readiness to activate the bullish track in the current period, the unionism of providing positive momentum by the main indicators will reinforce the chances for achieving several gains, to reach the initial target at $4.7500, to press on 61.8% Fibonacci correction level at $4.8100.
Note that activating the negative track requires forming a sharp decline, to settle below $4.5000 level, to confirm targeting several negative stations that begin at $4.4300 and $4.3100.
The expected trading range for today is between $4.6100 and $4.7500
Trend forecast: Bullish
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Written by : Editorial team of BIPNs
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