Platinum suffers big losses – Analysis – 17-3-2020

Economies.com
2020-03-17 07:39AM UTC

Platinum price surrendered to the bearish bias domination that started by entering the bearish channel, to suffer big losses by touching 560.50 level recently, while the stability of the key resistance 780.00 along with the major indicators continuous negative momentum signals allow us to expect renewing the negative attack and attempt to press on 550.00 support.

 

The expected trading range for today is between 710.00 and 550.00

 

The expected trend for today: Bearish

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