Platinum repeats the sideways fluctuation – Analysis – 29-5-2020

Economies.com
2020-05-29 07:51AM UTC

Platinum price failed to surpass 875.00 barrier to continue blocking the bullish attempts and force the price to form new sideways fluctuations as appears on the chart.

 

We expect the price to move between the mentioned barrier and 770.00 support line, to suggest the sideways track until surpassing the current barrier that will ease the mission of recording additional targets in the upcoming period to reach 915.00 and 975.00 levels.

 

The expected trading range for today is between 800.00 and 875.00

 

The expected trend for today: Fluctuated within the bullish range

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