Platinum remains below the average- analysis- 2/9/2015
Economies.com
2015-09-02 06:56AM UTC
No news for platinum until this moment, to keep its stability below the moving average to confirm the domination of the previously expected bearish bias, therefore, we will remain waiting for gathering new momentum to continue the negative attack until reaching the initial target at 955.00 then pushing on the main support at 900.00.
Stochastic attempts to support the dominant negativity by holding below 80 level to open the way towards gathering the required momentum, to confirm the attempt of reaching the previously suggested targets.
Expected trading range is between 1030.00 and 960.00
Expected trend for today: bearish
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