Platinum repeats the positive closings – Analysis – 19-2-2021

Platinum price kept its positive stability above 1230.00 support line, to increase the chances of the bullish attempts in the near term and medium-term period, assuring the importance of gathering the positive momentum to manage to breach 1300.00 obstacle and open the way to record the next main target at 1350.00.

Any attempt to break the current support will postpone the bullish attack, to force the price to build correctional bearish trades that might extend towards 1170.00 before recording any new positive target.

The expected trading range for today is between 1230.00 and 1300.00

The expected trend for today: Bullish