Platinum price succeeded in surpassing $1835.00 level yesterday, reaching the initial target by hitting $1926.00 level, despite the positive factors, we confirm the stability of the trading above $1900.00 to reinforce the chances of resuming the bullish trend and targeting new positive targets by reaching $1958.00 initially, followed by $2060.00, which represents the next main target in the medium trading.

 

While the price failure to settle above $1900.00 might force it to activate the corrective attempts, to expect reaching the 55-level moving average near $1790.00.

 

The expected trading range for today is between $1850.00 and $1958.00

 

Trend forecast: Bullish