Platinum continues the positive crawling – Analysis – 14-4-2020

Economies.com
2020-04-14 08:16AM UTC

Platinum price continued the correctional bullish crawl to record the first target at 765.00, taking advantage of the positive momentum caused by stochastic rally above 50 level, thus, we will keep the bullish overview as long as 710.00 support line remains intact, reminding you that the main target is located at 790.00 to face the main bearish channel’s resistance that appears on the chart.

 

The expected trading range for today is between 725.00 and 790.00

 

The expected trend for today: Bullish

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