Platinum price awaits to confirm the breach – Analysis – 2-12-2022

Economies.com
2022-12-02 07:45AM UTC

Platinum price ended yesterday by consolidating near 1040.00 barrier, to keep waiting to confirm the beach and hint its preparation to resume the bullish attack, reminding you that it is important to settle above the additional support 1010.00 to confirm blocking trades within the bullish track, to keep waiting to record the additional targets that might start at 1070.00 and 1105.00.

 

Also, stochastic continues to fluctuate within the overbought areas to assist to provide the required additional positive momentum to achieve the suggested targets.

 

The expected trading range for today is between 1010.00 and 1070.00

 

The expected trend for today: Bullish

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