Platinum price is forced to provide weak sideways trading, affected by the stability of $2080.00 barrier, which obstructs the chances of resuming the bullish attempts, to fluctuate near $2035.00, attempting to lean above the moving average 55.

 

Note that the stability above the main support at $1865.00, the continuation of the attempt of forming extra support at $1950.00 level, these factors make us keep the bullish scenario, to keep waiting for surpassing the mentioned barrier, to begin recording extra gains by its rally towards $2125.00 and $2190.00.

 

The expected trading range for today is between $1975.00 and $2080.00

 

Trend forecast: Sideways