Platinum price needs to surpass the barrier – Analysis – 14-1-2022

2022-01-14 07:52:10 GMT (Economies.com)
 

No change to platinum price track until this moment, while the slow positive rally is caused by the continuous obstacle formed at 1000.00 against the bullish attempts.

 

Stochastic crawl above 50 level will provide the price with new positive momentum, to increase the chances of achieving the required breach to open the way to record additional targets that might start at 1040.00.

 

The expected trading range for today is between 950.00 and 1040.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1345
-0.0059
0.5178%
1.3610
-0.0047
0.3449%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.65
0.19
0.22%
1840.250
19.790
1.087%
 
 
Live Forex Updates