Platinum keeps the bullish attempts – Analysis – 13-1-2020

2020-01-13 08:06:50 GMT (Economies.com)
 

Platinum price showed frequent consolidation within the bullish channel and settled above the additional support 950.00, which confirms the preparation to resume the bullish attack in the near term and medium term period.

 

Also, stochastic continues to provide the positive momentum by settling within the overbought areas, which reinforces the bullish overview to wait moving towards 1025.00 followed by reaching 1055.00 resistance.

 

The expected trading range for today is between 950.00 and 1025.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0979
0.0164
1.5196%
1.2873
-0.0075
0.5765%
Tadawul
7628.34
-82.78
1.07%
17.847
-0.646
3.493%
46.949
-6.385
11.971%
51.85
-1.47
2.76%
1649.605
5.960
0.363%
 
 
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