Platinum rises calmly – Analysis – 2-10-2018
Economies.com
2018-10-02 06:29AM UTC
Platinum price depended on the stability of the key support 801.00 to start its positive activity calmly, recording 823.00 level, while confirming the continuation of the positivity requires surpassing the initial resistance at 833.00 to confirm the preparation to record additional targets by moving towards 855.00 followed by 871.00 levels.
We notice that stochastic begins to provide the positive momentum by rallying above 50 level, to increase the chances of achieving the required breach and confirm the continuation of the positivity for the upcoming period.
Expected trading range for today is between 810.00 and 855.00
Expected trend for today: Bullish
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