Platinum price provided sideways trading due to its stability below the barrier of $1960.00, which forms %161.8 Fibonacci extension level, forcing it to decline temporarily towards $1890.00.

 

The continuation of providing mixed trading is expected until breaching the barrier, to confirm its readiness to achieve new historical gains that might begin from $2000.00 psychological barrier, while breaking the extra support at $1860.00 level will force it to provide strong corrective trading, to expect reaching $1835.00 and $1790.00.

 

The expected trading range for today is between $1870.00 and $ 1960.00

 

Trend forecast: Fluctuated within the bullish track