No news for Platinum price – Analysis – 26-6-2020

Economies.com
2020-06-26 09:02AM UTC

No news for Platinum price that fluctuates within sideways range, settling near 800.00, to keep the domination of the sideways bias by moving between the moving average 55 resistance and 765.00 support.

 

Note that stochastic decline below 50 level increases the temporary negative pressures on platinum price to expect forming temporary negative fluctuation and attempt to test the mentioned initial support line.

 

The expected trading range for today is between 850.00 and 780.00

 

The expected trend for today: Bearish

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