Platinum price touched the positive target at 983.00$ this morning, to notice the attempt to settle above it in order to confirm the domination of the bullish bias in the upcoming period.
The current contradiction between the major indicators might force the price to provide mixed trades, and we recommend to monitor the price behavior and wait the positive close above 983.00$ to confirm its surrender to the domination of the bullish track, to target 1005.00$ and 1015.00$ levels.
The expected trading range for today is between 970.00$ and 1005.00$
Trend forecast: Bullish
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Copper price still stable below the MA55 until this moment, which forms additional barrier at 4.2400$, to reinforce the chances of activating the previously suggested negative track, also, stochastic reach to the overbought areas confirms getting rid of the negative pressures, to expect the beginning of forming some bearish waves to target 4.0250$ followed by reaching 3.9000$, reminding you that breaching 4.3200$ resistance will cancel the negative overview and open the way to achieve some gains before reaching the waited negative stations.
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