Platinum price manages to settle above the moving average 55, holding near the breached resistance at $1785.00 level, keeping the bullish trend by recording the initial target at $1865.00.

 

The continuation of providing positive momentum by the main indicators will increase the chances of facing $1905.00 level, and surpassing it might extend the trading towards the next main target near $1955.00, note that the bearish trend return depends on the attempt of reaching below $1745.00 level and providing repeated negative closes.

 

The expected trading range for today is between $1820.00 and $1905.00

 

Trend forecast: Bullish