Platinum repeats the fluctuation below the resistance – Analysis – 13-1-2021
Economies.com
2021-01-13 06:25AM UTC
No news for Platinum price until this moment, as it remains stable negatively below 1125.00 resistance, repeating the recent mixed sideways trades, expecting to get negative momentum by stochastic to start forming correctional bearish waves to target 61.8% Fibonacci correction level at 950.00.
On the other hand, succeeding to breach the mentioned resistance will confirm moving to new bullish track and start suggesting targeting new positive levels that might extend towards 1180.00 and 1255.00 levels.
The expected trading range for today is between 1100.00 and 975.00
The expected trend for today: Bearish
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