Platinum price forced to delay the bullish rally, due to  the continuation of the main indicators contradiction, to reach below the initial support near $1056.00, but the main stability within the bullish channel’s levels that appear in the above image will decrease the negative effect in the current trading, depending on forming an extra support at 38.2%Fibonacci correction level by its stability near $1042.00.

 

Therefore, we expect to form weak sideways trading until we gather the positive momentum, which allows it to attack the$1068.00 level, then attempts to resume the bullish attack, by targeting the top at $1100.00 reaching the next main target near $1125.00.

 

The expected trading range for today is between $1042.00 and $1068.00

 

Trend forecast: Fluctuated within the bullish trend