Platinum price began forming some correctional trading after recording $1348.00 level, attempting to gather the gains by reaching $1275.00, which forms an extra support for the bullish scenario.

 

The price might be forced to form temporary sideways fluctuation until gathering the extra positive momentum, to ease the mission of reaching $1330.00, then wait to hit the next target near $1368.00, while the risk of changing the main trend will depend on the attempt of the price to decline below 1225.00 and providing repeated negative closes.

 

The expected trading range for today is between $1255.00 and $1330.00

 

Trend forecast: Bullish