GT247.com Trading Blog

Your Morning Market Podcast 27 June 2017

Written by GT247 Trading Desk | 27 Jun 2017

"Platinum & Richemont" in this Market Report 27 June 2017

Platinum:

Currently under pressure. Key support level of $903 has held quite well. Possible shorting opportunity from current level, with take profit at the support level of $903.

 

 

Richemont:

Under pressure due to strengthening Rand, looking to test bottom of uptrend channel. Last breakout below was false therefore wait for a significant break if you are looking to short.

 

 

 

Musa Makoni | Trading Specialist at GT247.com

Follow @Makoni_Henry

Wishing you a profitable day of trading.