Platinum price confirmed its surrender to the bearish scenario by forming some bearish waves, approaching from the initial target at $1685.00, which force it to form sideways fluctuating moves by its stability at $1715.00.

 

Reminding you that the negative stability below $1785.00 resistance and the continuation of the negative momentum from the main indicators will increase the chances of resuming the bearish attempts, which might target the next stations near $1642.00.

 

The expected trading range for today is between $1650.00 and $1740.00

 

Trend forecast: Bearish