Platinum needs the breach – Analysis – 21-1-2020

2020-01-21 07:42:20 GMT (Economies.com)
 

Platinum price continued to fluctuate near 1025.00 barrier yesterday, to block the attempt to resume the bullish attack that targets the bullish channel’s resistance at 1060.00.

 

We will depend on the stability of the initial support 990.00 to increase the chances of gathering the additional positive momentum to ease the mission of achieving the required breach followed by extending trades towards the mentioned target.

 

The expected trading range for today is between 990.00 and 1060.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0969
0.0154
1.4281%
1.2877
-0.0071
0.5495%
Tadawul
7628.34
-82.78
1.07%
17.716
-0.776
4.199%
47.610
-5.723
10.731%
52.11
-1.38
2.58%
1640.115
-3.530
0.215%
 
 
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