Platinum takes a breath – Analysis – 17-1-2020

2020-01-17 09:16:15 GMT (Economies.com)
 

Platinum price formed correctional bearish rebound affected by the strength of 1025.00 level, to form an obstacle against resuming the bullish attack, while the main stability within the bullish channel and the stability of the additional support 990.00 allow us to wait to gather new positive momentum to manage to surpass the current barrier and reach the next main target at 1055.00.

 

The expected trading range for today is between 990.00 and 1055.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0969
0.0154
1.4253%
1.2875
-0.0073
0.5638%
Tadawul
7628.34
-82.78
1.07%
17.752
-0.741
4.007%
47.480
-5.854
10.975%
52.35
-1.08
2.02%
1643.390
-0.255
0.015%
 
 
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