Platinum price provided mixed trading on Friday due to the contradiction between the main indicators, targeting 1583.00 level, then attempts to form bullish wave confirming the continuation of the suggested bullish scenario.

 

Reminding you that holding above $1525.00 support confirms the price surrender to the bullish bias dominance, to expect gathering positive momentum, to form new bullish rally and press on the barrier at $1690.00, and surpassing it will make the price record extra gains that might begin at $1745.00.

 

The expected trading range for today is between $1580.00 and $1690.00

 

Trend forecast: Bullish