Platinum presses on the resistance – Analysis – 21-11-2019
Economies.com
2019-11-21 07:43AM UTC
Platinum price trading extended to the upside yesterday, to notice providing a clear pressure on the resistance at 915.00, note that monitoring the price behavior and wait for the next close in the four hours’ period, to detect the main trend in the upcoming trading.
The continuation of the price fluctuation below the resistance will increase the chances for renewing the bearish correctional attempts that target 865.00 level initially, while the rally above this resistance will confirm regaining the bullish bias, to wait for recording new positive targets that might begin at 955.00 and 1025.00.
The expected trading range for today is between 915.00 and 850.00
The expected trend for today: Bearish
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