Platinum price holds above the support – Analysis – 23-1-2023

Economies.com
2023-01-23 05:44AM UTC

Platinum price provided new positive close by consolidating above the bullish channel’s support line at 1020.00, attempting to take advantage of stochastic positive momentum to keep the chances of renewing the positive attempts by rallying towards 1045.00.

 

Continuing to get the positive momentum will assist to reinforce the chances of recording many positive gains by rallying towards 1072.00 followed by attempting to press on the recently recorded high at 1105.00.

 

The expected trading range for today is between 1025.00 and 1072.00

 

The expected trend for today: Bullish

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