Platinum price ended its last bearish correctional attack by hitting $1260.40 level, approaching from the second correctional target, to notice forming some bullish waves, to settle near $1310.00.

 

Note that the continuation of forming main support at $1245.00 level against the current trading, beside stochastic attempt to provide positive momentum will increase the chances of activating the bullish attempts, to expect its rally towards $1342.00 and surpassing this barrier might extend the trading towards $1383.00, representing the initial main target for the bullish attempts.

 

The expected trading range for today is between $1270.00 and $1342.00

 

Trend forecast: Bullish