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Platinum price has to decline – Analysis – 1-5-2023
Platinum price still confined with many negative factors, as it settles below the additional barrier 1105.00, in addition to stochastic negative momentum signals.
The current fluctuation near 1070.00 level prepares to move towards the next negative stage, which might target 1040.00 followed by reaching the MA55 that forms the next main target at 1010.00.
The expected trading range for today is between 1085.00 and 1040.00
The expected trend for today: Bearish
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