Platinum price begins positive action – Analysis – 5-4-2023
Economies.com
2023-04-05 06:08AM UTC
Platinum price succeeded to gather the additional positive momentum to take advantage of its recent consolidation above the MA55 at 980.00, providing positive rally to surpass 1005.00 obstacle and record some additional gains by reaching 1027.00.
Now, stochastic attempt to crawl towards the overbought areas will increase the efficiency of the bullish track, to continue suggesting the bullish attempts that might target 1040.00 followed by reaching 1072.00 in the medium term period.
The expected trading range for today is between 1005.00 and 1040.00
The expected trend for today: Bullish
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