Platinum price repeats the negative closings – Analysis – 16-11-2022

Economies.com
2022-11-16 05:32AM UTC

Platinum price repeated its negative consolidation below 1040.00 barrier, to notice renewing the correctional negative attempts by settling near 1010.00, noticing stochastic reach to 50 level, to confirm postponing the positivity caused by the additional negative momentum, waiting to crawl towards the next correctional target at 980.00.

 

The expected trading range for today is between 1035.00 and 980.00

 

The expected trend for today: Bearish

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