Platinum price hits the first target – Analysis – 7-2-2023
Economies.com
2023-02-07 07:35AM UTC
Platinum price continued to provide negative trades since ending testing 1040.00 extended resistance, to end that by reaching the first negative target at 965.00.
The frequent fluctuation below the moving average 55 and stochastic reach to the oversold areas will increase the negative pressures on the price, to force it to suffer additional losses that might extend towards 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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