Platinum price tests the resistance – Analysis – 3-2-2023
4 months ago

Platinum price formed temporary positive rebound yesterday to test 1040.00 resistance and confirm confining trades within the bearish track, while the price needs new negative momentum to ease the mission of reaching the negative stations that might start at 990.00 and 965.00.


On the other hand, facing positive pressures and rallying above the mentioned resistance will cancel the negative overview and start forming strong bullish waves that might push it to reach 1072.00 initially.


The expected trading range for today is between 1040.00 and 1000.00


The expected trend for today: Bearish

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