Platinum price continued to form correctional negative trades to achieve 1128.50, increasing the chances of testing the main bullish channel’s support line at 1110.00.
The above chart shows stochastic fluctuation near 20 level, to increase the chances of gathering the negative momentum and manage to achieve the waited target followed by monitoring the price to manage to detect the next main trend.
The expected trading range for today is between 1165.00 and 1110.00
The expected trend for today: Bearish