Platinum price under the negative pressure – Analysis – 27-5-2021
Economies.com
2021-05-27 06:01AM UTC
Platinum price provided new negative close below 1230.00 barrier, to confirm postponing the bullish attempts and start forming correctional bearish waves in the near term and medium term period.
We notice stochastic attempt to provide the negative momentum to increase the chances of crawling towards the negative stations near 1140.00 followed by reaching the bullish channel’s support line at 1100.00.
The expected trading range for today is between 1230.00 and 1160.00
The expected trend for today: Bearish
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