Platinum price failed to form any bullish rally until this moment, to notice its stability near the key support 980.00, while the upcoming scenario depends on the strength of this support line, to expect the beginning of targeting the positive levels that might start at 1030.00.
On the other hand, facing negative pressures and declining below the current support will force it to form negative trades due to its stability within the bearish channel again, to suffer many losses by moving towards 960.00 initially.
The expected trading range for today is between 980.00 and 1030.00
The expected trend for today: Bullish