Platinum prices opened today with noticeable negativity, fluctuating near the first negative target of $920.00. The outlook suggests continued negative momentum, with major indicators supporting the bearish trend. As long as platinum remains below the $950.00 barrier, it is expected to maintain its downward trajectory, potentially moving towards further negative levels at $907.00 and, subsequently, $882.00 over the medium term.
Today’s expected trading range for platinum is between $907.00 (support) and $930.00 (resistance).
Trend Forecast: Bearish
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