Platinum price still negative – Analysis – 21-11-2022
Economies.com
2022-11-21 05:33AM UTC
Platinum price kept its negative stability below 1010.00 barrier, to continue providing negative trades by reaching 970.00 level, noticing that stochastic reaches the oversold areas, allowing us to suggest more negative fluctuation that might target 50% Fibonacci correction level at 950.00.
Note that breaking 950.00 level that forms the additional support against the negative attack will force it to suffer more losses, waiting to test the key support at 925.00.
The expected trading range for today is between 985.00 and 950.00
The expected trend for today: Bearish
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