Platinum price confirmed its interaction with the support base at 895.00$, getting advantage from stochastic attempt to provide positive momentum, forming a new positive rally and settled near 930.00$.

 

The repeated stability above the mentioned support will increase the chances for compensating the losses, to expect the price rally towards 940.00$ reaching the resistance at 960.00$, while activating the bearish track requires a negative close below the current support, then begin targeting several negative stations, the initial target for the negative trading is located at 880.00$.

 

The expected trading range for today is between 910.00$ and 945.00$

 

Trend forecast: Bullish