Platinum price succeeded in resuming the bullish attack by confirming surpassing the resistance to $1630.00, to notice its rally towards the initial extra target at $1660.00 to settle near it.

 

In general, the bullish trend scenario will remain valid by holding above $1525.00 support and the continuation of providing positive momentum by the main indicators, which will increase the chances of reaching 1690.004, surpassing this obstacle will confirm the move to a new positive phase, to target extra stations that begin at $1727.00.

 

The expected trading range for today is between $1600.00 and $1690.00

 

Trend forecast: Bullish