Platinum hovers near the initial support – Analysis – 19-9-2019

Economies.com
2019-09-19 06:40AM UTC

Platinum price is forced to form some temporary negative fluctuation, to approach from the initial support at 915.00, the current support forms the inverted double top pattern level, to reinforce the bullish attempts, to wait for forming a new positive rally, to target 1025.00 level that forms 23.6% Fibonacci correction level.

 

While the price reach below the current support, so that will confirm delaying the bullish attack, to begin forming a bearish correctional rebound to push the price towards testing the critical support at 860.00.

 

The expected trading range for today is between 915.00 and 965.00

 

The expected trend for today: Bullish

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