Platinum price provided weak trading recently by its fluctuation near $1595.00 level, surrendering to the bearish trend, which depends on the continuation of forming a main resistance at $1810.00 level, besides the stability of the extra barrier near $1690.00 level.

 

The attempt to provide negative momentum by the main indicators might increase the negative pressure in the current trading, which makes us keep the negative scenario, which might target $1555.00 level, to press on the support at $1510.00, to find an exit for resuming the decline in the upcoming trading.

 

The expected trading range for today is between $1555.00 and $1640.00 

 

Trend forecast: Bearish