Platinum price is affected by the contradiction between the main indicators, especially by stochastic reach below 80 level, to force it to provide new sideways trading, to keep its stability near$1660.00.

 

Reminding you that holding above $1605.00 level, will make it form extra support to increase the chances of gathering the required bullish momentum to reach $1695.00, and surpassing this obstacle will extend the trading towards the positive stations that begin at $1745.00.

 

The expected trading range for today is between $1620.00 and $1695.00

 

Trend forecast: Bullish