Platinum price leans above the average– Analysis – 8-11-2021
Economies.com
2021-11-19 10:06AM UTC
Platinum price surrendered to the negative trading yesterday, reaching below 1050.00 support, suffering some losses by reaching the moving average 55 at 1039.00 level.
The stability of the moving average 55 and forming an extra support will increase the chances for renewing the bullish attempts, to wait for surpassing 1072.00 level, then repeat the pressure on the barrier near 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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