Advertisements

Platinum Price Analysis: Stability and Potential Decline

by Daisy

The price of platinum has remained stable, holding near the support level of $948.00. This stability is largely due to conflicting signals from major market indicators.

It is important to note that continuous negative stability below the $983.00 barrier is a critical factor in confirming a bearish outlook. This scenario suggests that a break below the current support level could facilitate a further decline, potentially targeting additional downside levels at $928.00 and $905.00.

Advertisements

Expected Trading Range

The expected trading range for platinum is between $948.00 and $965.00.

Advertisements

Trend Forecast

The trend forecast for platinum remains sideways.

You May Also Like

blank

Futuresstocktrading.com is a comprehensive futures information portal. Whether you’re a novice or seasoned trader, find futures news, futures market, futures trading tips, and futures basic knowledge to enhance your trading prowess and financial success.

[Contact us: [email protected]]

© 2023 Copyright  Futuresstocktrading.com – Futures Market, Investment, Trading & News