Commodities

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

2021-07-23 09:34:59 GMT (Economies.com)

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

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.