Platinum price kept its negative stability below the moving average 55 level, which keeps forming extra barrier by its stability at $1980.00, reaching $1925.00.

 

The price returns to settle within the minor bearish channel’s level by reaching below $1885.00 and providing negative close to confirm its readiness to target several negative stations, to expect forming initial target at $1775.00 level in the near trading, reaching $1720.00.

 

The expected trading range for today is between $1775.00 and $1970.00

 

Trend forecast: Bearish