Platinum price formed more bullish waves yesterday, to approach from the initial target at $1100.00 that represents a strong obstacle against the bullish attempts.

 

The unionism of the main indicators in providing positive momentum, besides the repeated stability above the support at $1055.00, we expect surpassing the current obstacle, to target more of the positive stations by its rally directly to $1125 reaching the next main target at $1060.00.

 

The expected trading range for today is between $1080.00 and $1125.00

 

Trend forecast: Bullish