Despite forming some bullish corrective wave by platinum price recently and its stability near $1650.00, it will not affect the main bearish trend, which depends on the stability of the resistance at $1825.00 besides forming a key obstacle at $1740.00 against the current trading.

 

All that makes us wait for gathering negative momentum to renew the pressure on $1595.00 barrier, where breaking it will make the price resume the bearish trend to target $1555.00 and $1510.00 level.

 

The expected trading range for today is between $1600.00 and $1695.00

 

Trend forecast: Fluctuating within the bearish trend