Platinum loses fluctuates within the bearish track – Analysis – 27-8-2021
Economies.com
2021-08-27 08:35AM UTC
Platinum price continued to provide mixed trades despite its consolidation within the minor bearish channel, to settle near 990.00, noticing the consolidation of the moving average 55 above the major resistance 1060.00, to confirm blocking trades within the bearish track.
Also, stochastic crawls below 50 level to provide the provide with new negative momentum and manage to start the negative attack, reminding you that the main targets are located near 949.00 and 910.00.
The expected trading range for today is between 1010.00 and 960.00
The expected trend for today: Bearish
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