Platinum gathers new momentum – Analysis – 21-5-2019

Economies.com
2019-05-21 07:07AM UTC

Platinum price gathered new negative momentum due to stochastic reach to the oversold areas, to reinforce the continuation of the negativity caused by its stability within the main bearish channel, while we will mainly depend on the stability of the major resistance at 875.00 to expect breaking 790.00 level to reach the next barrier at 749.00.

 

The expected trading range for today is between 835.00 and 790.00

 

The expected trend for today: Bearish

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