Platinum keeps the temporary positivity – Analysis – 9-4-2020

Economies.com
2020-04-09 08:31AM UTC

Despite the continuous contradiction between the major indicators, we notice Platinum price keeping the correctional bullish attempts by fluctuation above 710.00 level, expecting to continue crawling bullishly until testing 790.00 resistance, to form the main target of the bullish bias.

 

On the other hand, attempting to crawl below the current support and holding below it will reinforce the domination of the bearish bias and opens the way to target many negative levels by moving towards 660.00 and 590.00 levels.

 

The expected trading range for today is between 710.00 and 765.00

 

The expected trend for today: Bullish

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