Platinum keeps the temporary negative track – Analysis – 1-6-2021

Economies.com
2021-06-01 05:08AM UTC

Platinum price continued to fluctuate below 1230.00 barrier to confirm postponing the bullish attempts and increase the chances of starting the correctional bearish track, also, stochastic provides the negative momentum to increase the chances of declining towards 1140.00 followed by attempting to test the bullish channel’s support line at 1105.00.

 

The expected trading range for today is between 1210.00 and 1140.00

 

The expected trend for today: Bearish

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