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Platinum price rebounds above the support – Analysis – 28-12-2021

2021-12-28 05:18:37 GMT (Economies.com)
Platinum price rebounds above the support – Analysis – 28-12-2021
 

Platinum price showed clear positive stability above 920.00 support line, to activate the bullish track again and notice achieving 976.00 level recently, also, stochastic exit from the oversold areas will increase the chances of resuming the bullish attempts, to expect targeting the moving average 55 at 1002.00 soon, while surpassing it might extend trades towards 1040.00 and 1070.00 levels.

 

The expected trading range for today is between 955.00 and 1002.00

 

The expected trend for today: Bullish

 
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