Platinum renews the pressure on the barrier – Analysis – 20-1-2020

2020-01-20 07:46:43 GMT (Economies.com)
 

Platinum price gained additional positive momentum on last Friday after stochastic rallied towards the overbought areas, to notice forming new bullish wave to press on 1025.00 barrier.

 

The continuous positive pressures allow us to suggest breaching the current barrier to manage to reach the bullish channel’s resistance at 1060.00.

 

The expected trading range for today is between 990.00 and 1060.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0976
0.0161
1.4850%
1.2871
-0.0077
0.5958%
Tadawul
7628.34
-82.78
1.07%
17.858
-0.635
3.434%
46.785
-6.548
12.278%
51.85
-1.47
2.76%
1650.585
6.940
0.422%
 
 
Live Forex Updates