Platinum price begins to decline – Analysis – 8-6-2023
Economies.com
2023-06-08 04:58AM UTC
Platinum price surrendered to the domination of the bearish bias by providing new negative close below the additional barrier 1040.00, to notice crawling towards the MA55 by touching 1018.00 level.
The price needs new negative momentum to assist to confirm the continuation of the negativity, waiting to attack 1000.00 obstacle, while breaking it will extend trades towards the next main target at 965.00.
The expected trading range for today is between 1032.00 and 980.00
The expected trend for today: Bearish
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