Platinum hovers near the initial support – Analysis – 14-05-2021
Economies.com
2021-05-14 07:02AM UTC
Platinum price didn’t move until this morning, in spite of its stability within the bullish channel’s levels, to notice its fluctuation near the initial support at 1195.00 level.
The price needs a new positive momentum that allows it to settle above the current support, then begin forming bullish waves in order to reach the main stations that are located near 1300.00 and 1350.00.
The expected trading range for today is between 1190.00 and 1260.00
The expected trend for today: Bullish
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