Platinum attempts to renew the negativity – Analysis – 8-9-2020
Economies.com
2021-09-08 04:28AM UTC
Platinum price formed strong bearish wave yesterday, recording 955.00 level and attempting to exit the sideways track that appears in the above image, reminding that the main stability within the bearish channel’s level and the stability of the resistance at 1032.00, besides stochastic attempt to provide negative momentum by exiting the overbought level, these factors will increase the chances for forming new negative trading, to expect targeting 975.00 and 949.00 in the current period.
The expected trading range for today is between 1015.00 and 975.00
The expected trend for today: Bearish
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