Platinum fails to confirm the breach – Analysis – 24-9-2021
Economies.com
2021-09-24 08:08AM UTC
Platinum price failed to confirm breaching 995.00 resistance, to form negative rebound towards 98000 and settles within the bearish channel again, thus, we will start to suggest the negative attempts and expect to decline towards 960.00 as a first negative target.
On the other hand, renewing the bullish attempts and rallying above the mentioned resistance will increase the chances of forming string bullish trades that might push it towards 1028.00 initially.
The expected trading range for today is between 995.00 and 970.00
The expected trend for today: Bearish
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