Platinum repeats the bullish rally attempts – Analysis – 12-6-2019

Economies.com
2019-06-12 06:47AM UTC

Platinum price kept its positive stability above 790.00 level, to support the correctional bullish overview, thus, we will keep waiting to record the main targets represented by 840.00 level first, while surpassing this barrier might extend trades to test 880.00 resistance.

 

Stochastic attempt to exit the oversold areas forms additional factor to confirm the correctional bullish scenario, as this confirms gathering new positive momentum to ease the mission of reaching the waited targets.

 

The expected trading range for today is between 800.00 and 840.00

 

The expected trend for today: Bullish

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