Platinum surrenders to the bearish correction – Analysis – 12-11-2019

Economies.com
2019-11-12 08:28AM UTC

Platinum price confirmed surrendering to the bearish bias domination by providing frequent negative closings below 915.00, to push the price to crawl below the moving average 55 as appears on the chart.

 

Therefore, we will keep our temporary bearish overview that targets some negative levels until testing the key support 840.00.

 

The expected trading range for today is between 905.00 and 840.00

 

The expected trend for today: Bearish

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