Platinum $ spot: 200-day acting as major resistance?
Below $1030 supports a bearish trend direction.
Downside price momentum supports the bearish trend.
The price action close to the upper range of the linear regression channel pattern also increases the likelihood of a correction.
RSI leaves enough room for further downside price potential.
MACD bearish crossover also applicable.
Downside price momentum supports the bearish trend.
The price action close to the upper range of the linear regression channel pattern also increases the likelihood of a correction.
RSI leaves enough room for further downside price potential.
MACD bearish crossover also applicable.