Platinum keeps the bearish track – Analysis – 23-07-2021

2021-07-23 09:34:59 GMT (

In spite of the slowness of Platinum price’s last trading, but its repeated negative stability below the main resistance at 1150.00 and the continuation of forming an extra barrier at 1105.00 level, these factors support our bearish expectation in the near and medium period.


The price needs a new negative momentum to ease the mission of achieving the negative targets that are located near 1035.00 reaching 50% Fibonacci correction level at 945.00. 


The expected trading range for today is between 1105.00 and 1035.00


The expected trend for today: Bearish

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