Platinum might be forced for temporary sideways fluctuation – Analysis – 25-10-2021
Economies.com
2021-10-25 04:30AM UTC
Platinum price lost the positive momentum again after recording 1072.00 target, to renew the sideways trades by bouncing towards 1048.00, attempting to hold above the moving average 55 and reinforce the continuation of the previously suggested positivity.
Therefore, we will keep waiting to gather the additional positive momentum to manage to renew the pressure on 1072.00 level, which breaching it will confirm the preparation to record new targets that might extend towards 1090.00 and 1105.00 levels.
The expected trading range for today is between 1035.00 and 1072.00
The expected trend for today: Bullish
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