Platinum price resumed the previously suggested negative attack yesterday to surpass the suggested negative stations, to suffer big losses by reaching $1872.00 level, to form a quick positive rebound, attempting to recover some losses by targeting $2015.00 level.

 

Forming an extra barrier at $2045.00 level makes us expect renewing the negative attempts, to expect reaching near $1955.00, then attempt to press on the next support near $1865.00, while its rally above $2045.00 and holding above it will allow it to recover more losses to target $2085.00 level.

 

The expected trading range for today is between $1865.00 and $ 2040.00

 

Trend forecast: Bearish