Platinum needs a new positive momentum – Analysis – 13-05-2021
Economies.com
2021-05-13 05:21AM UTC
Platinum price lost its positive momentum recently, which forces it to resume the sideways fluctuation within the bullish channel’s levels that appears in the above image, and we should confirm that the stability of the initial support at 1195.00 is important, to wait for gathering positive momentum, which allows it to begin forming bullish waves, targeting new levels that begin at 1300.00 and 1350.00
The expected trading range for today is between 1295.00 and 1360.00
The expected trend for today: Bullish
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