Platinum price kept the bullish track by forming a new bullish wave to approach from the barrier at $1275.00, affected by providing positive momentum by stochastic stability above 50 level.

 

Reminding you that the repeated stability below the current barrier will decelerate the bullish attack, to keep preferring the bearish correctional scenario, which might target $1225.00 level, while breaching the barrier and holding above it will ease the mission of pressing on the achieved top at $1303.00 level, then attempts to achieve new gains by its rally to $1343.00.

 

The expected trading range for today is between $1225.00 and $1275.00

 

Trend forecast: Bearish