Platinum price returned to form new bullish waves, to move away from the moving average 55, which formed a new support recently by its stability near 1030.00, the price rally towards 1060.00 forms the initial phase for the bullish rally, gathering extra positive momentum makes us expect reaching to 1072.00 directly, then attempt to press on 1105.00 barrier to form the next target for the current trading.
The expected trading range for today is between 1040.00 and 1072.00
The expected trend for today: Bullish