Platinum price prepares for new rise – Analysis – 21-1-2022

Economies.com
2022-01-21 06:00AM UTC

Platinum price provided positive signal by crawling above 1040.00, attempting to find a way to resume the bullish attack, to touch 1054.50, noting that the frequent stability above the moving average 55 that forms additional support at 1000.00 and stochastic attempt to provide the positive momentum allow us to suggest more rise, to target 1072.00 followed by 1105.00 levels in the upcoming period.

 

The expected trading range for today is between 1020.00 and 1072.00

 

The expected trend for today: Bullish

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