Platinum price achieves new gains – Analysis – 12-8-2022

Economies.com
2022-08-12 07:43AM UTC

Platinum price succeeded to surpass 950.00 barrier to open the way to record more gains by touching 975.00 level and achieve the first waited target in our previous report.

 

Stochastic attempt to crawl towards the overbought areas will provide the price with new positive momentum, to ease the mission of testing the main resistance at 985.00 followed by waiting the nest close to manage to detect the next main trend.

 

The expected trading range for today is between 955.00 and 985.00

 

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The expected trend for today: Bullish

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