Platinum prepares to the negative attack – Analysis – 19-7-2018
Economies.com
2018-07-19 06:50AM UTC
Platinum price has to escape to resume the negative attack, due to the factors that agree the bearish attempts, as the stability of 870.00 along with the consolidation of the moving average 55 above it confirms blocking the price within the main bearish channel.
Also, stochastic continuous attempts to form new negative wave assists to provide new negative momentum, to expect getting rid of 790.00 barrier and wait to achieve the first additional targets at 748.00.
Expected trading range for today is between 855.00 and 750.00
Expected trend for today: Bearish
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