Platinum repeats the negative closings – Analysis – 8-6-2021

Economies.com
2021-06-08 05:26AM UTC

Platinum price repeated the negative closings below 1230.00 to increase the efficiency of the previously expected correctional bearish track.

 

Also, the negative fluctuation below 1195.00 and stochastic negative momentum signals allow us to expect targeting 1130.00 followed by reaching the bullish channel’s support line at 1110.00.

 

The expected trading range for today is between 1190.00 and 1110.00

 

The expected trend for today: Bearish

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