Platinum price maintained its positive stability during yesterday’s trading above the $1,605.00 level, which currently serves as additional support. This reinforces the dominance of the previously suggested bullish trend as the price fluctuates near $1,640.00.

We emphasize the importance of the price accumulating additional bullish momentum, which would enable it to form strong upward waves, allowing it to break through the $1,695.00 level and then extend gains toward the next main target located near $1,745.00.

Expected trading range: between $1,620.00 and $1,695.00

 

Price forecast for today: Bullish