Platinum price didn’t move anything since yesterday, keeping its temporary sideways fluctuation near $1825.00 level, due to the continuation of forming an obstacle against the bullish rally at $1835.00 level.

 

We recommend waiting to confirm the required breach by providing positive closes above the current barrier, reinforcing the chances of reaching the positive stations, which might begin at $1910.00 and $1958.00, while the risk of changing the trend and begin a bearish trend depends on breaking $1705.00 support.

 

The expected trading range for today is between $1780.00 and $1910.00

 

Trend forecast: Bullish