Platinum price began this morning trading with strong positive trading, surpassing the minor bullish channel’s resistance at $1865.00 level, taking advantage of the bullish momentum from the main indicators, to notice recording new historical gains by hitting $1898.00 level.

 

Note that forming extra support at $1860.00 level and providing bullish momentum by the main indicators, these factors confirm the continuation of the positivity in the near period, attempting to achieve extra gains by reaching $1925.00 followed by 161.8%Fibonacci extension level at $1959.00.

 

The expected trading range for today is between $1825.00 and $1925.00

 

Trend forecast: Bullish