Platinum needs strong positive momentum – Analysis – 7-7-2020
Economies.com
2020-07-07 05:14AM UTC
Platinum price continued to form mixed trades, attempting to face the negativity of the major indicators until gathering new positive momentum that supports the main bullish track, based on the stability of 760.00 support line.
Stochastic begins to form bullish wave and attempts to rally above 50 level, to support the bullish attempts and expect rallying towards 870.00 barrier soon, while surpassing it might extend trades towards 915.30 and 980.00 levels.
The expected trading range for today is between 800.00 and 870.00
The expected trend for today: Bullish
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