Commodities

Platinum continues to rise – Analysis – 19-7-2019

2019-07-19 08:20:53 GMT (Economies.com)

Platinum price kept its stability above the initial support 790.00, to notice the beginning of recording new positive targets by touching 855.00 level, also, 840.00 level forms additional support to increase the chances of rallying to test the bearish channel’s resistance at 875.00.

 

We should note that gathering new positive momentum and attempting to rally above the current resistance will confirm moving into new bullish track to ease the mission of achieving new gains that might start at 910.20.

 

The expected trading range for today is between 840.00 and 875.00

 

The expected trend for today: Bullish

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