Platinum price didn’t move since yesterday, to keep its fluctuation between 983.00$ barrier, while the MA55 keeps forming intraday obstacle against the negative attempts by consolidating near 959.00$.

 

The price might provide more sideways trades until gathering the additional negative momentum to ease the mission of reaching the negative stations near 950.00$ followed by reaching the next target at 941.00$.

 

The expected trading range for today is between 950.00$ and 980.00$

 

Trend forecast: Bearish