Platinum price hits the first target – Analysis – 29-11-2023
Economies.com
2023-11-29 05:29AM UTC
Platinum price took advantage of the stability of 911.00 support line, forming strong bullish rally and face 50% Fibonacci correction level at 950.00, which formed the first positive target of the bullish track.
Now, the major indicators agree to provide the positive momentum, allowing us to expect surpassing the current obstacle and open the way to resume achieving gains, to expect targeting 966.00 and 983.00 levels.
The expected trading range for today is between 933.00 and 966.00
The expected trend for today: Bullish
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