Platinum price still affected by the temporary sideways trades due to the lack of the positive momentum, caused by stochastic crawl below 50 level, to force it to decline towards 970.00, reminding you that the bullish scenario will remain valid as long as 950.00 support line remains intact, allowing us to wait to gather the positive momentum and start the bullish attack to target 1005.00 initially, while breaching it will push the price to 1040.00 as a second target.
The expected trading range for today is between 960.00 and 1005.00
The expected trend for today: Bullish