Platinum price repeats the negative closings – Analysis – 13-6-2022

Economies.com
2022-06-13 05:11AM UTC

Platinum price repeated the negative closings below the moving average 55 at 985.00, to increase the chances of providing new negative trades, expecting to crawl below 950.00 to manage to test 918.00 support line, followed by monitoring the price behavior to manage to detect the next main targets.

 

Note that facing negative pressures and breaking 918.00 level confirm moving to the bearish track, to suffer many losses by moving towards 880.00.

 

The expected trading range for today is between 985.00 and 920.00

 

The expected trend for today: Bearish

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