Platinum needs to confirm the breach – Analysis – 8-4-2021

Economies.com
2021-04-08 05:13AM UTC

Platinum price formed some sideways fluctuations until confirming breaching 1230.00 barrier, which forms the main door to resume achieving the positive targets at 1285.00 and 1380.00.

 

We notice that 1190.00 continues to form additional support to confirm blocking trades within the bullish track, also, stochastic rally above 50 level will ease the mission of gathering the required positive momentum to start recording the suggested targets.

 

The expected trading range for today is between 1210.00 and 1280.00

 

The expected trend for today: Bullish

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