Despite Platinum price frequent consolidation within the bullish channel, the difficulty to surpass 1230.00 barrier supports the correctional bearish overview that might target 1150.00 and 1105.00 levels.
On the other hand, surpassing the mentioned barrier and holding above it will confirm renewing the bullish attempts to extend trades towards 1285.00 followed by reaching 38.2% Fibonacci correction level at 1385.00.
The expected trading range for today is between 1230.00 and 1150.00
The expected trend for today: Bearish