Platinum repeats the positive closings – Analysis – 10-1-2020

2020-01-10 09:26:14 GMT (Economies.com)
 

Platinum price repeated the positive closings above the additional support 950.00 to increase the chances of resuming the bullish attack in the near term and medium term period, thus, we will keep waiting to surpass 990.00 to manage to move towards 1025.00 followed by reaching 1055.00 in the upcoming period.

 

We notice that stochastic continues to provide the positive momentum by reaching the overbought areas, to agree the price stability within the main bullish channel.

 

The expected trading range for today is between 950.00 and 1025.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0981
0.0166
1.5358%
1.2879
-0.0069
0.5317%
Tadawul
7628.34
-82.78
1.07%
17.855
-0.637
3.447%
46.605
-6.728
12.615%
51.82
-1.62
3.03%
1651.675
8.030
0.488%
 
 
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