Platinum without any change – Analysis – 15-3-2019

Economies.com
2019-03-15 07:38AM UTC

No change to Platinum price trades due to the continuous consolidation within the main bearish channel, while the stability of the key resistance at 960.00 allows us to wait to gather the additional negative momentum to manage to form strong bearish waves and target 775.00 followed by 750.00 levels.

 

Note that attempting to breach the key resistance will cancel the negative overview and start forming strong positive trades that might push the price to reach 910.00 followed by 955.00.

 

The expected trading range for today is between 860.00 and 775.00

 

The expected trend for today: Bearish

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