Platinum postpones the bullish rally – Analysis – 12-4-2021
Economies.com
2021-04-12 05:06AM UTC
Platinum price confirmed postponing the bullish attack by providing new negative close below 1230.00 barrier, which support the sideways attempts with chances to test 1140.00 before testing any new positive target.
On the other hand, rallying above the current barrier and holding above it will reinforce the bullish track caused by the price consolidation within the bullish channel, to expect targeting 1280.00 followed by reaching 1350.00 in the upcoming period.
The expected trading range for today is between 1230.00 and 1180.00
The expected trend for today: Bearish temporarily
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