Platinum prices have confirmed a bearish trend by falling below the additional support level of $942.00 yesterday, resulting in a drop to $929.50.
The 55-day Moving Average (MA55) remains above the current price, reinforcing the bearish outlook. Additionally, stochastic indicators are providing negative momentum, supporting a bearish forecast with potential targets at $920.00 and $907.00.
Today’s expected trading range is between $907.00 and $940.00.
Trend Forecast: Bearish
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