Platinum price surrenders to stochastic negativity – Analysis – 17-11-2022

Economies.com
2022-11-17 05:43AM UTC

Platinum price touched 1000.00 level to confirm its affection by stochastic negativity, to increase the chances of resuming the previously suggested bearish correction, reminding you that the temporary bearish track will remain valid depending on the stability of 1040.00 barrier, while the current negative targets are represented by 980.00 followed by reaching 50% Fibonacci correction level at 950.00.

 

The expected trading range for today is between 1015.00 and 960.00

 

The expected trend for today: Bearish

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