Platinum price ended the positive attack by hitting $1725.00 level, to form extra barriers to force it to activate the attempts of gathering gains by reaching $1632.00.

 

Forming extra support at $1605.00 level by stochastic fluctuation near 80 level makes us expect renewing the bullish attempts, to repeat the pressure on $1695.00 level, then attempts to reach the next main target at $ 1745.00, while its decline below $1605.00 and providing negative close will increase the efficiency of the bearish corrective track, to expect reaching $1575.00 before any attempt to reach the suggested extra targets.

 

The expected trading range for today is between $1610.00 and $1710.00

 

Trend forecast: Bullish