Platinum price repeats the negative closings – Analysis – 28-6-2022

Economies.com
2022-06-28 05:18AM UTC

No change to platinum price bearish track by settling below 50% Fibonacci correction level represented by 950.00 level, in addition to 920.00 level forming additional barrier to support the negative overview.

 

Therefore, we will keep waiting to gather the additional negative momentum to force the price to form new negative waves to target 890.00 followed by reaching the next main target at 855.00.

 

The expected trading range for today is between 920.00 and 875.00

 

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The expected trend for today: Bearish

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