Platinum resumes the rise – Analysis – 3-12-2020

Economies.com
2020-12-03 06:25AM UTC

Platinum price continued to provide strong bullish trades to notice surpassing the target at 1009.00, affected by the positive factors represented by the continuous stability within the bullish channel in addition to the continuous positive momentum by the major indicators.

 

Therefore, we will continue to suggest the bullish trades, expecting to target 1045.00 that forms good obstacle against the attempt to reach the bullish channel’s resistance at 1081.00.

 

The expected trading range for today is between 970.00 and 1045.00

 

The expected trend for today: Bullish

 

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