Platinum price holds above the support – Analysis – 25-1-2023
Economies.com
2023-01-25 05:44AM UTC
No change to platinum price bullish track due to the frequent positive closings above the bullish channel’s support line at 1025.00, to notice the beginning of forming positive waves and consolidating near 1060.00 level.
Also, stochastic rally near 80 level will assist to provide new positive momentum, to ease the mission of forming new bullish waves, expecting to move towards 1072.00 level soon, while surpassing this obstacle will extend trades towards the next main target at 1105.00.
The expected trading range for today is between 1040.00 and 1072.00
The expected trend for today: Bullish
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