Platinum pushes on the resistance – Analysis – 19-9-2018
Economies.com
2018-09-19 06:27AM UTC
Platinum price formed new positive rally yesterday to press on the minor bearish channel’s resistance at 815.00, affected by stochastic positivity, while we recommend staying neutral for now and waiting the next daily close due to the importance of this level to detect the next main trend.
We remind you that the stability of the resistance will confirm surrendering to the bearish attempts that might target 748.00 initially, while rallying above this resistance and getting positive close will confirm the preparation to resume the correctional bullish attack to move towards 834.00 followed by 871.00.
Expected trading range for today is between 830.00 and 800.00
Expected trend for today: Neutral
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