Platinum prices have continued their downward trajectory, maintaining a position below the $983.00 resistance level. The price has recently fluctuated below $950.00, touching a low of $936.60.
Ongoing negative momentum, as indicated by major technical indicators, suggests an increased likelihood of testing the $930.00 support level. A breach of this support could lead to further declines, targeting additional levels at $920.00 and potentially $908.00.
The expected trading range for today is between $950.00 and $920.00.
Trend Forecast: Bearish
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