Platinum price remains stable near the extra support at $1705.00, affected by the contradiction of the main indicators, however, the stability below $1840.00 barrier makes us wait to confirm the breakout, to begin forming strong bearish waves, to target $1660.00 and $1605.00.

 

While breaching the previously mentioned barrier and holding above it will confirm recovering the bullish trend, to expect targeting several positive stations that might begin at $1880.00 and $1950.00.

 

The expected trading range for today is between $1660.00 and $1740.00

 

Trend forecast: Bearish