Platinum is bearish – Analysis – 24-09-2020

Economies.com
2020-09-24 04:57AM UTC

Platinum price continued to form new negative trading, affected by its negative stability below the moving average 55, to increase the negative pressures on the current trading, to notice its stability near 830.00 level.

 

stochastic decline below 50 level and providing extra negative momentum makes us expect forming new bearish trading to target 815.00 level and surpassing it might lead it to 740.00.

 

The expected trading range for today is between 880.00 and 815.00

 

The expected trend for today: Bearish

 

 

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