Platinum awaits the breach confirmation – Analysis – 4-5-2021

Economies.com
2021-05-04 05:53AM UTC

Platinum price fluctuates near 1230.00 barrier, attempting to react to stochastic positivity to confirm the breach and start targeting new positive levels in the near term and medium term period.

 

We expect moving towards 1270.00 level to form the first positive target of the bullish track, while facing more positive pressures will allow the price to reach 1350.00 in the upcoming period.

 

The expected trading range for today is between 1190.00 and 1270.00

 

The expected trend for today: Bullish

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