Platinum price kept its stability below $2320.00 level, to confirm the stability of the bearish corrective scenario by hitting the target at $2180.00, to form some mixed waves by its fluctuation near $2260.00.

 

Note that the continuation of providing negative momentum by stochastic will push the price to renew the corrective attempts, to expect reaching $2180.00. breaking this barrier will extend the trading towards $2130.00, representing the next target of the current trading, while breaching $2320.00 level will cancel the negative scenario, which allows it to form new bullish waves to press again on the historical high at $2460.00 level.

 

The expected trading range for today is between $2180.00 and $2305.00

 

Trend forecast: Bearish