Commodities

Platinum continues to fluctuate – Analysis – 20-8-2019

2019-08-20 06:35:34 GMT (Economies.com)

Platinum price remains surrounded by the negative circumstances that are represented by the repeated stability within the bearish channel’s levels, besides providing negative momentum by the main indicators, but that didn’t affect the sideways fluctuation, which makes the price keep delaying the negative attack until this moment.

 

In general, the negative suggestion will remain valid unless breaching the resistance at 867.00, reminding you that the initial negative target is located at 790.00 level. 

 

The expected trading range for today is between 860.00 and 790.00

 

The expected trend for today: Bearish.

 

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