Platinum fluctuates near the first target – Analysis – 23-5-2019
Economies.com
2019-05-23 07:42AM UTC
Platinum price continued to provide negative trading to approach the first negative target at 790.00, expecting to get new negative momentum by stochastic to break the current barrier and move towards 749.00 that formed key support against the recent negative trades.
In case the price settled above 790.00, that will force it to form sideways fluctuations to keep its stability within the bearish channel until achieving the required break and start recording the additional targets again.
The expected trading range for today is between 805.00 and 749.00
The expected trend for today: Bearish
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