Platinum price managed to provide new negative close below 1000.00 level to confirm the domination of the negativity, getting the negative momentum by its stability within the bearish channel levels, we notice that the moving average keeps supporting the bearish suggestion by its stability below the main resistance, which makes us wait for the price to reach the waited targets near 950.00 then threatening the extended support at 900.00.
Stochastic approaches from 20 level to support gaining the required negative momentum then attempting to record the previously waited targets.
Expected trading range is between 1020.00 and 950.00
Expected trend for today: bearish