Platinum begins to rise – Analysis – 10-5-2021
Economies.com
2021-05-10 06:06AM UTC
Platinum price started to form bullish waves, taking advantage of the positive stability within the bullish channel and 50% Fibonacci correction level forming additional support at 1230.00.
These factors in addition to stochastic continuous positive momentum signals allow us to continue suggesting the bullish trades, reminding you that the initial positive targets are located near 1300.00 and 1350.00 levels.
The expected trading range for today is between 1235.00 and 1300.00
The expected trend for today: Bullish
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