Platinum price keeps the negative stability – Analysis – 22-9-2022

Economies.com
2022-09-22 04:10AM UTC

Platinum price ended its correctional bullish rally by touching 937.00 level, followed by bouncing quickly below 928.00 resistance, to support the chances of continuing the previously suggested negativity, to notice reaching 900.00.

 

Stochastic attempt to provide the negative momentum increases the efficiency of the bearish track, to expect targeting 870.00, followed by 850.00 level as a next main target for the bearish bias.

 

The expected trading range for today is between 920.00 and 870.00

 

The expected trend for today: Bearish

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