Platinum price ended the last attempts after facing $1900.00 barrier, forcing it to activate with stochastic negativity, forming several negative corrective waves, reaching $1763.00 level.
We expect that the price will be affected by the instability that come from the contradiction between the main indicators due to the continuation of forming a key main support at $170500 level against the last corrective decline, therefore, we recommend gathering the required extra positive momentum to motivate the bullish trend, which might target $1840.00 level, to repeat the attempts of pressing on the mentioned barrier.
The expected trading range for today is between $1760.00 and $1840.00
Trend forecast: fluctuating
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