Platinum continues to decline – Analysis – 20-7-2017
Economies.com
2017-07-20 06:35AM UTC
Platinum price resumed its negative trading after the bearish channel's resistance line proved its strength against the last rise, to keep the bearish trend valid efficiently for the upcoming period, supported by stochastic negativity besides the pressure formed by the EMA50, waiting to break 886.00 level to open the way to head towards 845.00 followed by 815.00.
We remind you that holding below 935.00 represents the most important condition to continue the suggested bearish wave.
Expected trading range for today is between 935.00 and 886.00
Expected trend for today: Bearish
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