Platinum moves slowly – Analysis – 23-6-2020

Economies.com
2020-06-23 05:09AM UTC

Platinum price moves slowly recently due to the contradiction of the major indicators’ negativity with the price positive stability above the key support 765.00 today, thus, we expect witnessing more sideways trading between the mentioned support and 850.00 resistance.

 

We remind you that starting to form the bullish attack needs positive stability above 870.00, to manage to gather the positive momentum and start recording the positive targets by reaching 915.00 and 980.00 levels.

 

The expected trading range for today is between 850.00 and 790.00

 

The expected trend for today: Fluctuated negatively

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