Platinum price threats the positive stability – Analysis – 27-1-2023
Economies.com
2023-01-27 06:44AM UTC
Platinum price formed strong negative wave yesterday to settle below the minor bullish channel’s support line at 1025.00, to threat the positive stability and increase the chances of moving to the negative track by touching 1009.00 level.
In case the price provided negative close below the broken support, that will confirm the domination of the bearish bias, to start suggesting targeting 990.00 level soon, followed by reaching the additional support at 965.00.
The expected trading range for today is between 1030.00 and 980.00
The expected trend for today: Bearish
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