Platinum presses on the average – Analysis – 03-12-2019
Economies.com
2019-12-03 07:30AM UTC
In spite of the tight range trading of Platinum price in the last period, but the repeated stability below 915.00 level reinforces our bearish expectation, to notice providing negative pressure on the moving average 55 at 883.00.
Gathering a new negative momentum and breaking the current obstacle makes us expect begin forming a strong negative trading, to target 860.00 level reaching 830.00, to form the main target of the bearish correctional track.
The expected trading range for today is between 915.00 and 860.00
The expected trend for today: Bearish
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