Platinum maintained its bearish positioning so far, remaining below the resistance barrier at $1740.00, confirming its readiness to resume its downward attempts as it currently edges toward $1635.00.

 

The formation of an additional resistance barrier at $1670.00 could increase the chances of the price gathering the negative momentum needed to reach the next bearish targets, currently located at $1555.00 and $1505.00.

 

The expected trading range for today is between $1550.00 and $1670.00

 

Trend forecast: Bearish