Platinum price takes breath – Analysis – 4-7-2022
Economies.com
2022-07-04 05:59AM UTC
Platinum price ended its last negative attack by touching 865.00 level, to rebound upwards towards 890.00, attempting to take a breath before resuming the main bearish attack.
Note that it is important to hold below 925.00 barrier to confirm blocking trades within the bearish track, to expect gathering the additional negative momentum and move towards 855.00, while breaking this obstacle might extend losses towards 825.00 as a next target.
The expected trading range for today is between 900.00 and 855.00
The expected trend for today: Bearish
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