Platinum price traded positively yesterday to settle near the bearish channel's resistance again, while stochastic continues to provide negative signals on the daily time frame, to keep the bearish trend valid until now, supported by the negative pressure provided by the EMA50.
Our first target is represented by breaking 886.00 to confirm extending the bearish wave towards 845.00 followed by 815.00, noting that holding below 935.00 represents key condition to continue the expected decline.
Expected trading range for today is between 935.00 and 886.00
Expected trend for today: Bearish