Platinum moves within tight range – Analysis – 18-3-2021
Economies.com
2021-03-18 06:27AM UTC
Platinum price’s recent trades are confined within tight sideways range, represented by 1230.00 resistance and 1190.00 support.
Therefore, we recommend staying aside until surpassing one of these levels to manage to detect the next targets, reminding you that succeeding to breach the barrier will allow the price to continue the rise to target 1300.00 initially, while breaking the support will confirm surrendering to the correctional bearish bias domination, expecting to move towards 1160.00 and 1105.00 levels.
The expected trading range for today is between 1230.00 and 1190.00
The expected trend for today: Sideways
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