Platinum price surrendered to the stability of the barrier at $2430.00, pushing it to activate the attempts of gathering gains by testing $2245.00 support, to settle above it.

 

The suggested scenario depends on the strength of the current support, as its stability makes us expect begin forming bullish waves, to attempt to reach $2345.00, to repeat the pressure on the mentioned barrier, while its decline below the support and providing negative close will force it to suffer several losses by reaching $2180.00 and $2130.00. 

 

The expected trading range for today is between $2245.00 and $2345.00

 

Trend forecast: Bullish