Platinum price settled above the extra support – Analysis – 8-2-2023
Economies.com
2023-02-08 07:21AM UTC
Platinum price provided a new positive close above the extra support at 965.00, to decrease the chances for suffering extra losses in the current period, to notice forming a bullish correctional rebound at 980.00.
stochastic exit from the oversold will provide extra positive momentum, to reinforce the chances for resuming the correctional rise, to expect reaching near 1000.00 and surpassing the moving average 55 might extend the trading to 1040.00 again.
The expected trading range for today is between 970.00 and 1000.00
The expected trend for today: Bullish
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