Platinum price activated with stochastic negativity, to renew the bearish corrective attempts by reaching below $1605.00 level, suffering clear losses by hitting $1490.00 level.
Note that the price attempt to settle below 61.8%Fibonacci extension level at $1525.00 will increase the chances of resuming the negative corrective attack, to expect targeting $1465.00 and $1440.00.
The expected trading range for today is between $1465.00 and $1570.00
Trend forecast: Bearish
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No news for copper price, to keep providing sideways trading, due to the continuation of the contradiction between the main indicators and the stability below $5.0600 barrier, to increase the chances of forming corrective trading in the near-term period.
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