Platinum is slow – Analysis – 6-5-2021

Economies.com
2021-05-06 05:56AM UTC

Platinum price showed slow sideways trades recently despite its consolidation within the bullish channel, due to the lack of the positive momentum, reminding you that fluctuating above the initial support 1195.00 will form major factor to confirm the bullish attempts, expecting to target 1270.00 followed by 1300.00 levels.

 

The expected trading range for today is between 1200.00 and 1270.00

 

The expected trend for today: Bullish

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