Platinum price resists the negative pressures – Analysis – 22-3-2023

Economies.com
2023-03-22 05:20AM UTC

Platinum price continued to resist the negative pressure caused by stochastic fluctuation near 50 level, to keep its positive stability above 50% Fibonacci correction level at 950.00.

 

The price might provide weak sideways trades until gathering the positive momentum to manage to breach the additional barrier at 1005.00 and attempt to reach the main stations that might start at 1040.00.

 

The expected trading range for today is between 965.00 and 1005.00

 

The expected trend for today: Bullish

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