Platinum price approaches the target – Analysis – 6-2-2023

Economies.com
2023-02-06 05:21AM UTC

Platinum price confirmed its surrender to the domination of the bearish bias by settling below 1040.00 resistance line, to notice its strong decline and approach the first main target at 965.00.

 

Facing continuous negative pressures might assist to break the current support and open the way to target new negative stations that start at 950.00 and 923.00.

 

The expected trading range for today is between 995.00 and 950.00

 

The expected trend for today: Bearish

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