Platinum price still confined – Analysis – 13-5-2022

Economies.com
2022-05-13 08:16AM UTC

Platinum price continued to form mixed trades by moving between 997.00 resistance and 915.00 support.

 

Note that the moving average consolidation above the current trades confirms the price affection by the negative pressures, to keep suggesting the bearish fluctuation until reaching the main support followed by monitoring the price behavior to manage to detect the next main trend.

 

The expected trading range for today is between 980.00 and 920.00

 

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The expected trend for today: Bearish

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