Platinum continues to rise – Analysis – 15-1-2018
Economies.com
2018-01-15 07:33AM UTC
Platinum price provided new positive close above 980.00 level recently, to form new support level that confirms the continuation of the positivity for the upcoming trading, thus, we will keep waiting to rally towards the next positive target at 1020.00, while the continuous positive pressures might allow the price to reach the main resistance around 1160.00.
Stochastic still consolidated within the overbought areas to continue providing the additional positive momentum and eases the attempt to achieve the waited targets.
Expected trading range for today is between 970.00 and 1020.00
Expected trend for today: Bullish
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