Platinum price resumes the decline – Analysis – 31-5-2023
Economies.com
2023-05-31 05:40AM UTC
Platinum price confirmed its affection by the stability of the additional barrier 1040.00 by forming new bearish wave and settling below the MA55, to approach the first additional target at 1000.00.
We expect to get more negative momentum by the major indicators to resume the negative attempts and wait to move towards 985.00 followed by reaching the first main target at 965.00.
The expected trading range for today is between 1025.00
The expected trend for today: Bearish
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