Platinum repeats the negative closings – Analysis – 29-11-2019

Economies.com
2019-11-29 07:52AM UTC

Platinum price continued to fluctuate within the negative range due to its stability below 915.00 resistance, attempting to press on the moving average 55 as appears on the chart.

 

Also, stochastic fluctuation near 20 level will increase the chances of gathering the negative momentum to manage to continue the decline until achieving the targets at 860.00 and 832.00.

 

The expected trading range for today is between 915.00 and 860.00

 

The expected trend for today: Bearish

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