Platinum price approached by its last rally from $2130.00, forming an intraday barrier against the bullish rally, rebounding negatively and its stability near $2065.00, increasing the chances of gathering the positive momentum gain.

 

The stability above $1950.00 support, by the attempt of providing positive momentum by the main indicators will increase the chances of surpassing $2130.00 level, to begin targeting new positive stations that might begin at $2205.00 and $2205.00.

 

The expected trading range for today is between $2010.00 and $2205.00

 

Trend forecast: Bullish