Platinum price failed to provide any new bullish rally, affected by stochastic negativity, which might block the bullish attempts to force the price to form mixed sideways trades with chances to test the moving average 55 at 875.00.
On the other hand, succeeding to gather the positive momentum and settling above 875.00 will allow the price to continue rising to renew the pressure on 980.00 barrier followed by waiting to reach the main stations at 1045.00 and 1105.00 levels.
The expected trading range for today is between 875.00 and 950.00
The expected trend for today: Fluctuated within the bullish range