Platinum approaches the first target – Analysis – 4-6-2021

Economies.com
2021-06-04 07:06AM UTC

Platinum price surrendered to the frequent negative pressures, confirming postponing the bullish attempts and noticing its crawl near the first negative target at 1140.00, expecting to form additional barrier at 1190.00, and stochastic reach to the oversold areas allow us to resume the correctional bearish decline until reaching 1105.00 level.

 

The expected trading range for today is between 1165.00 and 1105.00

 

The expected trend for today: Bearish

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