Platinum gains new negative momentum – Analysis – 31-1-2020
Economies.com
2020-01-31 07:42AM UTC
Platinum price gained new negative momentum recently by stochastic exit from the overbought areas, to increase the efficiency of the correctional bearish bias that targets 950.00 and 915.00 levels.
We remind you that succeeding to surpass 1025.00 barrier will support the attempt to renew the bullish attempts that targets the bullish channel’s resistance at 1066.00.
The expected trading range for today is between 1000.00 and 915.00
The expected trend for today: Bearish
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