Advertisements

Platinum Price Demonstrates Sluggish Movement, Anticipating Bullish Momentum

by Jennifer

Platinum price has persisted in sluggish trades around the 945.00 level, influenced by the ongoing conflict among major indicators. This circumstance prompts a delay in the anticipated bullish surge. It is noteworthy that the consolidation of the MA55 near the key support at 925.00 affirms the confinement of trades within the bullish trajectory for upcoming sessions.

Consequently, we are poised to observe the initiation of bullish waves, targeting gains in the vicinity of 983.00, followed by an ascent to 1015.00.

Advertisements

The expected trading range for today is envisaged between 935.00 and 970.00.

Advertisements

Expected Trend for Today: Bullish

You May Also Like

Futurestradingltd is a comprehensive futures portal. The main columns include futures market, futures exchanges, futures varieties, futures basic knowledge and other columns.

[Contact us: [email protected]]

© 2023 Copyright  futurestradingltd.com – Futures Market, Investment, Trading & News