Platinum price kept its fluctuation below $1605.00 barrier, forcing it to provide new nixed trading by its continued fluctuation near $1580.00, reminding you that the stability above the sideways track’s support at $1520.00 and the continuation of providing positive momentum by the main indicators, these factors make us keep the bullish suggestion, to expect surpassing the current barrier by recording new gains by its rally towards $1642.00 and $1660.00.

 

While the decline below the current support and providing negative close, will confirm activating the bearish corrective track, to expect suffering several losses by reaching $1485.00 reaching the next support at $1440.00.

 

The expected trading range for today is between $1545.00 and$1642.00

 

Trend forecast: Bullish