No news for Platinum price – Analysis – 7-1-2021

Economies.com
2021-01-07 07:01AM UTC

Platinum price did not show any action until this morning due to the frequent stability within the sideways range represented by 1120.00 resistance and 1045.00 support.

 

Again, we will stay neutral until surpassing one of these levels, noting that we succeeding to breach the barrier will allow the price to record new positive targets that start at 1190.00, while crawling below the support will force the price to form correctional bearish rebound and expect moving towards 980.00 followed by 950.00.

 

The expected trading range for today is between 1045.00 and 1140.00

 

The expected trend for today: Neutral

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