Platinum price continued forming the bullish correctional trading, surpassing the obstacle at $920.00, to begin recording some of the gains by reaching $930.00, getting advantage from the continuation of the positive momentum that come from stochastic, which approaches from 50 level.

 

Reminding you that the bullish suggestion on the current trading will remain valid, depending on the stability of the support at $895.00, to expect reaching 50%Fibonacci correction level at $950.00, and surpassing it will lead the price to test the resistance at $961.00

 

The expected trading range for today is between $920.00 and $950.00

 

Trend forecast: Bullish