Platinum price reached $2191.00 level by its last bullish rally, approaching the previously waited main target, to form temporary corrective rebound towards $2135.00, affected by stochastic attempt to exit the overbought level as appears in the above image.

 

The price might be forced to provide some mixed trading, however it settles above $2060.00 makes us keep the bullish scenario, to keep waiting for surpassing $2195.00 level, extending the trading towards %161.8 Fibonacci extension level at $2245.00.

 

The expected trading range for today is between $2110.00 and $2215.00

 

Trend forecast: Bullish