Platinum presses on the resistance – Analysis – 8-1-2021

Economies.com
2021-01-08 08:35AM UTC

Platinum price formed new bullish wave yesterday, to press on 1120.00 resistance in order to find a way to resume the bullish attack in the upcoming period.

 

We recommend waiting to achieve the required breach to avoid any sudden negative rebound that might lead to unexpected losses followed by waiting to record the additional targets located around 1160.00 and 1190.00 levels.

 

The expected trading range for today is between 1100.00 and 1160.00

 

The expected trend for today: Bullish

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