Platinum price suffers big losses – Forecast today – 20-3-2024

Economies.com
2024-03-20 05:00AM UTC

Platinum price failed to hold above the additional support 908.00 yesterday due to facing new negative pressures, to suffer big losses by crawling towards 890.00 as appears on the chart.

 

Getting continuous negative momentum by the major indicators allow us to expect forming continuous bearish waves, to target 882.00 support line soon, which represents the key to detect the next main trend.

 

The expected trading range for today is between 900.00 and 882.00

 

Trend forecast: Bearish

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