Platinum awaits the positive momentum – Analysis – 30-3-2020
Economies.com
2020-03-30 08:01AM UTC
Platinum price returned to fluctuate near the initial support 710.00 that forms the major factor to confirm the correctional bullish scenario, attempting to get new positive momentum followed by extending trades towards 765.00 followed by reaching the extended resistance at 792.00.
We should note that losing the positive momentum and attempting to crawl below the current support would renew the negative attempts and force the price to suffer many losses by moving towards 665.00 followed by 550.00 levels.
The expected trading range for today is between 710.00 and 765.00
The expected trend for today: Bullish
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