Platinum price attempted to settle above $1605.00 level, to notice recording some gains by hitting $1665.00 level, providing weak sideways trading by its stability near $1620.00.

 

Confirming that holding above $1605.00 level is important, which forms an important extra support to reinforce the chances of gathering the positive momentum, then attack the next barrier near $1695.00, while breaking the current support will force the price to provide new corrective trading, which forces it to suffer some losses by reaching $1565.00 and $1525.00.

 

The expected trading range for today is between $1600.00 and $1695.00

 

Trend forecast: Bullish