Platinum price formed new bearish wave to resume the correctional bearish attack and record 1144.00, noting that stochastic attempt to crawl towards the oversold areas will increase the negative pressures on the price to ease the mission of testing the bullish channel’s support line at 1110.00, followed by monitoring the price behavior due to its importance to detect the next main trend.
The expected trading range for today is between 1190.00 and 1110.00
The expected trend for today: Bearish