Platinum forms new negative wave – Analysis – 2-9-2021
Economies.com
2021-09-02 04:31AM UTC
Platinum price started to react to the negative factors, to notice forming new bearish wave and record 994.00 level, while stochastic begins to provide the additional negative momentum by crawling below 50 level, in addition to the stability of the bearish channel’s resistance 1042.00, allowing us to suggest more decline, reminding you that it is important to break 970.00 to ease the mission of reaching the additional support at 949.00 that forms the first main target of the bearish track.
The expected trading range for today is between 1000.00 and 949.00
The expected trend for today: Bearish
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