Platinum presses on the barrier – Analysis – 21-12-2020
Economies.com
2020-12-21 06:15AM UTC
Platinum price formed new bullish wave to press on the initial barrier at 1050.00 in order to find an exit to resume the bullish attack that depends on the price stability within the bullish channel that appears on the chart.
We remind you that the continuous stability of the current barrier allows us to keep the correctional bearish trades that might target 990.00 level initially, while succeeding to breach this barrier and settling above it will open the way to record new positive targets by moving towards 1082.00 and 1110.00 levels.
The expected trading range for today is between 1050.00 and 1000.00
The expected trend for today: Bearish
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