There is no change for Platinum price’s track by its stability within the minor bearish channel’s levels, depending on the stability of its resistance that is located at $1665.00, besides the main stability below $178000 barrier confirms the continuation of the previously suggested negativity, therefore, we will keep waiting for gathering extra negative momentum, allowing it to reach the initial target near $1510.00, and surpassing it will extend the trading directly towards $1480.00 and $1435.00.

 

While the price rally above $1780.00 and providing a positive close will force it to delay the negative moves, to provide a chances for achieving some gains by its rally towards $1810.00 and $1865.00.

 

The expected trading range for today is between $1510.00 and $1650.00

 

Trend forecast: Bearish