Platinum keeps the bullish bias – Analysis – 18-10-2021

Economies.com
2021-10-18 04:53AM UTC

Platinum price was forced to form temporary sideways fluctuation recently, attempting to take a breath after recording the positive target at 1063.00, reminding you that it is important to hold above the additional support at 1040.00 to assist to renew the bullish attempts that might target 1072.00 followed by 1105.00 levels.

 

Stochastic continuous fluctuation within the overbought areas will increase the chances of gathering the positive momentum, to reinforce the continuation of the positivity and wait to achieve the previously suggested additional targets.

 

The expected trading range for today is between 1040.00 and 1072.00

 

The expected trend for today: Bullish

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