Platinum insists to resume the intraday negativity – Analysis – 4-10-2019

Economies.com
2019-10-04 05:44AM UTC

Platinum price confirmed keeping the intraday negative attempts by providing frequent negative closings below 915.00 resistance, to increase the chances of recording additional negative targets in the near term and medium term period.

 

The price gets the negative momentum by stochastic crawl towards 50 level, to manage to form new negative waves until touching the key support 845.00 followed by assuring the importance of monitor the price behavior to manage to detect the next main trend.

 

The expected trading range for today is between 890.00 and 845.00

 

The expected trend for today: Bearish

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