Platinum approaches from the initial target – Analysis – 9-8-2017

Economies.com
2017-08-09 07:22AM UTC

Platinum price repeated the positive fluctuation to remain stable near the first target at 980.00, confirming keeping the bullish bias domination, while we remind you that it is important to breach the current level to open the way to record new positive targets by reaching 1030.00 and 1085.00 levels.

 

The consolidation of stochastic within the overbought areas increases the positive pressure to ease the attempt of achieving the required breach to resume recording the waited positive targets.

 

Expected trading range for today is between 965.00 and 1000.00

 

Expected trend for today: Bullish

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