Platinum presses on the sideways range’s barrier – Analysis – 21-2-2019
Economies.com
2019-02-21 09:27AM UTC
Platinum price succeeded to reach the sideways range’s barrier that formed the target of the bullish rebound by touching 825.00 level, expecting to continue the positive pressures to be released from the sideways range’s domination and rally above the current barrier to resume recording the positive targets by reaching 850.00 followed by 870.00 levels.
Stochastic consolidation above 50 level supports our bullish overview to provide new positive momentum and increase the chances of reaching the suggested positive targets.
The expected trading range for today is between 805.00 and 850.00
The expected trend for today: Bullish
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