Despite Platinum price consolidation within the main bearish channel, the stability of the initial support at 855.00 blocks the continuation of the negativity until this moment, recommending to wait the required break to confirm the preparation to resume the negative attack and extend trading towards the next negative station at 812.00.
Stochastic forming new negative wave and approaching 20 level reinforces the negative overview, to provide the price with additional negative momentum and allow it to achieve the required break and resume the expected negative attack.
Expected trading range for today is between 885.00 and 812.00
Expected trend for today: Bearish