Platinum declines slowly – Analysis – 23-3-2020

Economies.com
2020-03-23 08:30AM UTC

The effect of the bearish channel continued on Platinum price, to notice forming negative crawl recently to settle near 615.00 level, reminding you that the frequent negative stability below the additional barrier 710.00 allows us to continue suggesting the negative fluctuation that requires reaching 550.00 level, while breaking this level might extend trades towards 490.00 followed by 450.00 levels in the upcoming period.

 

The expected trading range for today is between 680.00 and 570.00

 

The expected trend for today: Bearish

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