Platinum price rebounds above the moving average again – Analysis – 1-2-2023
4 months ago

Platinum price lost its negative momentum yesterday, to form new positive wave and settle above the EMA50, to touch 1020.00 level, reminding you that the bearish scenario will remain valid depending on the strength of 1035.00 resistance, to keep waiting to gather the additional negative momentum to renew the bearish attack and target 985.00 followed by 965.00 levels.


The expected trading range for today is between 1025.00 and 985.00


The expected trend for today: Bearish

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