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Platinum price moves away from the resistance– Forecast today – 22-5-2024
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Platinum price moves away from the resistance– Forecast today – 22-5-2024
May 21, 2024 11:42 PM

Platinum Price Analysis Expected Scenario The Platinum price formed more of the bearish correctional waves, to move away from the resistance at 1085.00$, confirming its surrender to the bearish bias domination by hitting 1030.00$ level, attempting to surpass the initial extra support. Providing negative momentum by stochastic will increase the efficiency of the suggested bearish correctional track, to keep waiting for targeting extra negative stations that might extend to 1015.00$ and 1000.00$. Expected Trading Range Between 1060.00$ support and 1015.00$ resistance.

Trend Forecast: Bearish

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