Platinum Price Faces Pressure on Support – Forecast for Today, June 13, 2024

by Jennifer

Platinum Price Analysis

Expected Scenario

Advertisements

Platinum price continues to experience significant downward pressure on the $948.00 support level, signaling attempts to resume the previously anticipated negative trend. This downward momentum is attributed to the consistent trading below the $983.00 barrier, coupled with bearish signals from major indicators.

Advertisements

Given these factors, market analysts anticipate a breakthrough to the downside, potentially opening the path towards lower price levels near $928.00 and $905.00.

Expected Trading Range

The expected trading range is anticipated to be between $975.00 and $928.00.

Trend Forecast: Bearish

You May Also Like

blank

Bnher is a comprehensive futures portal. The main columns include futures market, futures exchanges, futures varieties, futures basic knowledge and other columns.

[Contact us: [email protected]]

© 2023 Copyright  bedgut.com – Futures Market, Investment, Trading & News