Platinum price returned to form sideways range trading after recording the target at $1383.00, affected by the contradiction between the main indicators, especially by stochastic approach from 20 level, to notice its fluctuation near the moving average 55 at $1342.00.

 

Reminding you that the bullish scenario will remain valid, depending on the stability of the support at $1302.00, to keep waiting for gathering the positive momentum to ease the mission of surpassing the obstacle at $1383.00 reaching the next target at 1420.00 level.

 

The expected trading range for today is between $13300.00 and $1383.00

 

Trend forecast: Bullish