Platinum prepares to rise – Analysis – 22-2-2021
Economies.com
2021-02-22 06:00AM UTC
Platinum price started to get the positive momentum due to stochastic reach to the overbought areas, to increase its stability above 1230.00 support line and allow the price to resume the bullish attack, expecting to move towards 1300.00 and 1350.00 levels.
We remind you that attempting to break the current support will postpone the bullish attack and force the price to start correctional bearish trades that might extend towards 1170.00 before recording any new positive target.
The expected trading range for today is between 1230.00 and 1300.00
The expected trend for today: Bullish
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