Platinum must renew the negative fluctuation – Analysis – 5-8-2019
Economies.com
2019-08-05 07:08AM UTC
In spite of the slowness on Platinum price recently, but its surrender to the strength of the resistance that is located at 875.00 increases the chances for forming a new negative trading in the near and medium period.
Stochastic surpass to the overbought level and the stability of the moving average 55 near the main resistance form supported factors for the bearish bias domination, to keep waiting for breaking 840.00 level then press on the extra support that reach to 795.00.
The expected trading range for today is between 875.00 and 800.00
The expected trend for today: Bearish
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