Platinum prepares for bullish attack – Analysis – 21-9-2018
Economies.com
2018-09-21 10:26AM UTC
Platinum price provided clear positive close above 815.00 level yesterday, to form key support against the consolidation within the bullish range, to press on the moving average 55 by reaching 835.00, expecting to surpass the current barrier to resume the bullish trading and target 871.00 followed by monitoring its behavior due to this barrier’s importance to detect the next main trend.
Stochastic continuous fluctuation within the overbought areas agrees our bullish overview to continue providing additional positive momentum until reaching the previously waited target.
Expected trading range for today is between 815.00 and 871.00
Expected trend for today: Bullish
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