Platinum needs to breach the initial barrier – Analysis – 15-7-2019

Economies.com
2019-07-15 07:12AM UTC

Platinum price failed to resume the correctional bullish attack, affected by the stability of 840.00 barrier, while the positive fluctuation above 790.00 support allows us to wait to achieve the required breach to increase the chances of reaching the main correctional target at 880.00.

 

We notice that stochastic keeps fluctuating above 50 level to increase the chances of gaining the required additional positive momentum to achieve the breach.

 

The expected trading range for today is between 810.00 and 880.00

 

The expected trend for today: Bullish

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