Platinum Price Repeats The Negative Fluctuation

(February 6, 2024 - Economies.com)

Platinum price repeated the negative trades by providing new closings below the MA55 at 915.00, confirming postponing the bullish rally, allowing us to suggest more negative attempts until reaching 880.00 level soon, while breaking it will push the price to provide strong pressures on the key support 870.00.

We remind you that regaining the bullish bias requires forming strong bullish waves to manage to provide new close above 915.00 level to ease the mission of achieving many gains that might start at 950.00.

The expected trading range for today is between 910.00 and 880.00

The expected trend for today: Bearish temporarily