Platinum price still affected by the negative pressures to keep its negative fluctuation below 1195.00 barrier, to increase the chances of testing the bullish channel’s support line at 1105.00.
Note that stochastic consolidation near 20 level will increase the chances of gathering the additional negative momentum, to ease the mission of forming new bearish waves until reaching the waited target.
The expected trading range for today is between 1165.00 and 1105.00
The expected trend for today: Bearish