Platinum repeats the negative closings – Analysis – 8-8-2019
Economies.com
2019-08-08 09:09AM UTC
In spite of forming several sideways trading by Platinum price, but its main stability below the bearish channel’s resistance at 875.00 forms a main factor that confirm the continuation of the negativity in the upcoming trading.
Gaining a new negative momentum will ease the pressing attempt on 840.00 level, as breaking it will open the way towards declining to the initial support at 795.00.
The expected trading range for today is between 875.00 and 840.00
The expected trend for today: Bearish
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