Platinum fluctuates below the barrier – Analysis – 23-12-2020

Economies.com
2020-12-23 05:53AM UTC

Platinum price repeated the negative closings below 1050.00 to form solid barrier against the bullish attempts and allows us to keep our correctional bearish overview that might target 980.00 and 945.00 levels.

 

Stochastic exit from the overbought areas supports our correctional bearish overview by providing the required additional negative momentum to record the suggested targets.

 

The expected trading range for today is between 1025.00 and 945.00

 

The expected trend for today: Bearish

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