Platinum price is confined within tight range – Analysis – 7-1-2022

2022-01-07 06:25:08 GMT (Economies.com)
 

Platinum price surrendered to the moving average 55 negativity that forms an obstacle against the bullish trades by leaning near 1000.00, to confine trades within tight range represented by this resistance and 925.00 support.

 

Resuming the bullish attempts requires breaching 1000.00 and holding above it, to reinforce the chances of recording new positive targets that might extend towards 1040.00 and 1070.00 initially.

 

The expected trading range for today is between 950.00 and 1000.00

 

The expected trend for today: Sideways

 
 
 
  Symbol Last Change Chg.%
1.0734
0.0082
0.7669%
1.2535
-0.0028
0.2209%
22.104
0.192
0.878%
110.540
0.401
0.364%
113.90
0.48
0.42%
1865.870
9.435
0.508%
 
 
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