Platinum presses on the moving average55 – Analysis – 15-10-2019
Economies.com
2019-10-15 07:04AM UTC
Platinum price provided a new negative pressure on the moving average 55 at 880.00 in yesterday’s trading, to increase the chances for resuming the negative correction in the near and medium period trading.
The stability of the initial resistance at 915.00 forms the main factor that confirms the bearish scenario, to keep waiting for reaching 845.0 level then wait for the next daily close, to detect the main trend in the futuristic trading.
The expected trading range for today is between 915.00 and 845.00
The expected trend for today: Bearish
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