Platinum holds above the moving average – Analysis – 19-10-2021
Economies.com
2021-10-19 07:59AM UTC
Platinum price ended its sideways fluctuation by testing the moving average 55, to rebound quickly above 38.2% Fibonacci correction level at 1040.00, to confirm its affection by the domination of the bullish bias.
Therefore, we will keep waiting to gather the additional positive momentum to manage to renew the bullish attack, reminding you that the additional targets are located near 1072.00 and 1105.00.
The expected trading range for today is between 1040.00 and 1072.00
The expected trend for today: Bullish
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