Platinum repeats the bullish attempts – Analysis – 6-1-2017
Economies.com
2017-02-06 07:53AM UTC
Platinum price confirmed providing positive closes above the bullish channel’s support at 990.00, to confirm the domination of the bullish bias in the upcoming trading, therefore, we will keep waiting for its rally towards recording the waited targets at 1020.00 reaching to the resistance at 1050.00, which forms the second target for the bullish bias.
Stochastic attempt to rally to the overbought level reinforces the bullish suggestion by providing new positive momentum, to ease the price rally towards recording the suggested targets.
Expected trading range for today is between 935.00 and 1020.00
Expected trend for today: Bullish
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