Platinum surrenders to the temporary negativity – Analysis – 30-6-2020

Economies.com
2020-06-30 05:16AM UTC

Platinum price continued to form clear sideways fluctuations to settle around 815.00, due to the contradiction of the major indicators’ negativity against the positive stability above the key support 765.00.

 

We expect to form more sideways trading until managing to breach 870.00 barrier that forms the main door to renew the bullish attempts that might target 915.00 followed by 980.00 levels in the upcoming period.

 

The expected trading range for today is between 850.00 and 800.00

 

The expected trend for today: Sideways

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