Platinum price still negative – Analysis – 29-6-2022
Economies.com
2022-06-29 05:16AM UTC
Despite platinum price recent weak trades caused by stochastic exit from the oversold areas, that won’t affect the main bearish track, consolidating below 950.00 level that formed additional barrier against the negative trades, while we recommend to wait to gather the additional negative momentum to ease the mission of reaching 890.00 level soon, and surpassing it might extend losses towards 855.00 as a first main target for the bearish track.
The expected trading range for today is between 935.00 and 890.00
The expected trend for today: Bearish
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