Platinum price fluctuates below the barrier – Analysis – 7-6-2023
Economies.com
2023-06-07 04:35AM UTC
Platinum price still consolidated below 1040.00 barrier until now, to hinder the chances of resuming the bullish correction and wait to gather the negative momentum to ease the mission of crawling towards the negative targets, located now near 1010.00 and 985.00.
We remind you that facing new positive pressures and rallying above the current barrier will allow the price to resume the correctional bullish attempts, to expect moving towards 1072.00 initially, followed by reaching 1105.00.
The expected trading range for today is between 1040.00 and 1010.00
The expected trend for today: Bearish
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