Platinum price tends to the negativity – Analysis – 20-12-2021

Economies.com
2021-12-20 05:55AM UTC

Despite platinum price recent tight trades, the continuous negative momentum coming by the major indicators and the stability of 950.00 barrier increase the chances of resuming the expected negative attack soon.

 

We expect to crawl below the additional support at 920.00 to confirm the preparation to target new negative levels that might extend towards 875.00 and 850.00 levels initially.

 

The expected trading range for today is between 955.00 and 875.00

 

The expected trend for today: Bearish

 

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