Platinum price needs positive momentum to form new corrective waves, to attack $1865.00 support, attempting to settle above it to confirm the bullish scenario and its rally towards $1885.00.
The stability above the current support will increase the chances of gathering positive momentum will allow it to record some gains by its rally towards $1955.00 reaching the moving average 55 near $1990.00, while facing negative pressure and holding below the current support will force it to suffer extra losses by reaching $1810.00 and $1770.00.
The expected trading range for today is between $1865.00 and $1990.00
Trend forecast: Bullish
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