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HomeLatestPlatinum Price Presses on Support – Forecast for July 10, 2024
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Platinum Price Presses on Support – Forecast for July 10, 2024

Platinum price is trading with notable negativity, currently pressing on the $983.55 support line. We anticipate a break below this level to pave the way for achieving negative targets, starting with a visit to $950.00.

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Therefore, a bearish bias is expected in the upcoming sessions. It’s important to note that consolidation around the $983.55 level against the current negative pressure could halt the anticipated decline and prompt the price to initiate recovery attempts on an intraday basis.

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Today’s expected trading range is between $955.00 and $1,000.00.

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Trend forecast: Bearish

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