Platinum price lost its positive momentum, affected by stochastic crawl towards 20 level, to notice forming negative wave recently and settle below the moving average 55 that formed additional support at 980.00.
Continuing to fluctuate below the broken support will force it to suffer additional losses, to expect crawling towards 950.00 followed by reaching the major support at 915.00.
The expected trading range for today is between 990.00 and 950.00
The expected trend for today: Bearish