Platinum awaits the negative momentum – Analysis – 23-6-2017
Economies.com
2017-06-23 07:06AM UTC
Platinum price was forced to provide more sideways trading to be affected by stochastic positive rally and approach from 50 level, to contradict with the previously expected negative stability, but holding below the main resistance around 950.00 besides the consolidation of the moving average 55 around this level allows us to wait to gather the negative momentum again, to manage to renew the negative attack and achieve 885.00 followed by 815.00 targets.
Expected trading range for today is between 950.00 and 885.00
Expected trend for today: Bearish
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