Platinum provides new negative close – Analysis – 28-5-2021

Economies.com
2021-05-28 06:58AM UTC

Platinum price kept its correctional bearish track by consolidating below 1230.00 barrier, to notice its crawling towards the first target at 1160.00.

 

The price faces continuous negative pressures, allowing us to keep our bearish overview until recording 1132.00 level followed by reaching the bullish channel’s support line at 1095.00.

 

The expected trading range for today is between 1210.00 and 1132.00

 

The expected trend for today: Bearish

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