Platinum price hinted the surrender to the bullish bias domination by rallying above the bearish channel’s resistance around 870.00, to notice forming positive waves by touching 911.10 level, while we will depend on 865.00 level forming key support to confirm the continuation of the positivity to expect targeting 955.00 followed by reaching the psychological barrier at 1000.00.
The above chart shows stochastic crawl towards the overbought areas, to increase the positive pressures by providing new positive momentum to allow us to wait achieving the suggested targets.
The expected trading range for today is between 880.00 and 955.00
The expected trend for today: Bullish