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Platinum price continues to decline

Platinum price confirmed keeping the main bearish track to notice crawling below 61.8% Fibonacci correction level at 855.00, to approach the next negative target at 837.00.

The main stability within the bearish channel and the continuous negative momentum coming by the major indicators allow us to suggest more negative trades, to expect targeting 828.00 level soon, to form new additional support against the current trades.

The expected trading range for today is between 862.00 and 828.00

The expected trend for today: Bearish

Good time to buy ?