Platinum price keeps the positivity – Analysis – 5-1-2022

2022-01-05 05:57:11 GMT (Economies.com)
 

No change to platinum price bullish track despite the recent weak trades, while the stability of 925.00 support line and stochastic positive momentum signals allow us to keep the bullish overview.

 

We expect to move towards 1000.00 level soon, to press on the moving average 55, while breaching this obstacle will push the price to reach new positive stations that might start at 1040.00 and 1070.00.

 

The expected trading range for today is between 950.00 and 1000.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0734
0.0081
0.7599%
1.2532
-0.0030
0.2424%
22.112
0.200
0.915%
110.258
0.119
0.108%
113.95
0.53
0.47%
1867.280
10.845
0.584%
 
 
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