Despite forming mixed trading by platinum price, its stability within the bearish channel’s levels, which represents an extension for the main resistance at $2045.00 level, besides the attempt to form an additional barrier by the moving average 55 by its fluctuations near $1980.00 makes us keep the bearish scenario, due to its move towards $1840.00.

 

The continuation of facing negative pressures will push it to form strong bearish waves, to expect attacking $1775.00 level soon, attempting to reach the bearish channel’s support at $1665.00. 

 

The expected trading range for today is between $1775.00 and $1910.00

 

Trend forecast: Bearish