No change for Platinum price that keeps fluctuating below the bearish channel’s resistance at 870.00, assuring the importance of gathering the negative momentum to increase the chances of breaking 825.00 barrier followed by waiting to reach the next target at 775.00.
The price gets the negative momentum now by the consolidation of the moving average 55 above the main resistance, to confirm blocking the price within the bearish range and wait to achieve the suggested targets.
The expected trading range for today is between 870.00 and 825.00
The expected trend for today: Bearish