Platinum approaches the second target – Analysis – 13-9-2021

Economies.com
2021-09-13 04:29AM UTC

Platinum price continued forming clear negative trading, approaching from the second target at 949.00 that forms 50% Fibonacci correction level as appears in the above image.

 

We expect forming an obstacle at 949.00 level against the negative trading, to force it to form a bullish correctional rebound to target 990.00 level before achieving any new negative target.

 

The expected trading range for today is between 949.00 and 975.00

 

The expected trend for today: Bullish

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