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Platinum price resumes the correctional decline – Forecast today – 23-4-2024
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Platinum price resumes the correctional decline – Forecast today – 23-4-2024
Apr 23, 2024 12:18 AM

Platinum Price Analysis Expected Scenario Platinum price faced new negative pressures yesterday by stochastic consolidation within the oversold areas, to notice forming new negative crawl and settle below the additional support 920.00$, confirming its preparation to resume the correctional attack. Also, the stability of the MA55 above the current trades will increase the negative pressures, allowing us to suggest suffering additional losses by moving towards 907.00$ followed by attacking the major support 895.00$. Expected Trading Range Between 925.00$ support and 907.00$ resistance.

Trend Forecast: Bearish

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