Platinum needs new negative momentum – Analysis – 31-8-2021

Economies.com
2021-08-31 05:23AM UTC

 

Platinum price repeated the weak sideways trades by settling near 1000.00 due to the lack of the negative momentum, while the main stability within the bearish channel and the stability of 1042.00 resistance line allow us to keep our bearish overview that might target 950.00 followed by 910.00 levels.

 

The expected trading range for today is between 1010.00 and 950.00

 

The expected trend for today: Bearish

 

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