Platinum price fluctuates within the negative track – Analysis – 2-6-2023

Economies.com
2023-06-02 07:44AM UTC

Platinum price was affected by stochastic positivity, forming some correctional bullish waves after touching 993.00 level, attempting to cover some losses, to settle near 1015.00.

 

We remind you that the frequent stability below the additional barrier 1040.00 forms major factor to confirm the domination of the bearish bias, allowing us to wait to gather the negative momentum again and ease the mission of resuming the decline and reach the next negative target at 965.00.

 

The expected trading range for today is between 1025.00 and 985.00

 

The expected trend for today: Bearish

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