Platinum still confined – Analysis – 6-1-2021
Economies.com
2021-01-06 06:31AM UTC
No news for Platinum price until this morning, due to the frequent move within the tight range represented by 1040.00 support and 1115.00 resistance.
Therefore, we will stay neutral until surpassing one of these levels, noting that succeeding to breach the resistance will push the price to achieve new positive targets that might start at 1190.00, while crawling below the support will force it to form correctional bearish rebound, expecting to move towards 980.00 and 950.00 levels.
The expected trading range for today is between 1045.00 and 1140.00
The expected trend for today: Neutral
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