Platinum remains under the negative effect – Analysis – 14-10-2019

Economies.com
2019-10-14 06:26AM UTC

In spite of Platinum price fluctuation in slow sideways range in the last period, but its continuation to fluctuate below the barrier at 915.0 supports the attempts for forming a negative trading in the near period, to target the support level at 845.00.

 

Stochastic reach to 20 level forms a main factor to confirm the bearish scenario by providing a new positive momentum, to ease the mission of reaching the negative target.

 

The expected trading range for today is between 915.00 and 850.00

 

The expected trend for today: Bearish

 

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