Platinum breaches the barrier – Analysis – 12-10-2018

2018-10-12 08:43:20 GMT (Economies.com)
Platinum breaches the barrier – Analysis – 12-10-2018
 

Platinum price took advantage of stochastic positivity yesterday by forming bullish wave to breach 832.00 barrier, which supports getting rid of the intraday sideways range and attempt to build new bullish trades, expecting to target 855.00 followed by reaching the key resistance 871.00.

 

Stochastic attempt to approach 80 now reinforces the positive stability, to increase the chances of resuming the bullish attack and start recording the mentioned targets.

 

Expected trading range for today is between 832.00 and 855.00

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1593
0.0048
0.4166%
1.3186
0.0099
0.7599%
14.720
0.123
0.846%
71.243
-0.241
0.337%
80.45
-0.33
0.41%
1229.635
11.975
0.983%
 
 
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