No news for platinum price until this moment, providing weak sideways trading by its stability near$1650.00, due to the continuation of the main indicators’ contradiction, specifically by stochastic reaching below 50 level.

The sideways trading might continue for today, but the stability above the extra support at $1605.00 forms extra factor to confirm the dominance of the bullish track, therefore we will keep waiting to gather extra bullish momentum to surpass the $1695.00 level, then begin recording extra gains by reaching $1715.00.

 

The expected trading range for today is between $1620.000 and $1695.00

 

Trend forecast: Bullish