Platinum consolidates above the moving average – Analysis – 8-9-2020

Economies.com
2020-09-08 05:20AM UTC

Platinum price continued to form intraday sideways trading, attempting to face stochastic negativity that reach below 50 level, to keep its positive stability above the moving average 55, to form extra support at 870.00.

 

we will keep waiting for gathering positive momentum to reinforce the bullish attempts, to begin recording some of the positive targets by the price rally to 980.00 and 1040.00.

 

The expected trading range for today is between 870.00 and 980.00

 

The expected trend for today: Bullish

 

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