Platinum price continued to fluctuate below 870.00 level recently, which represents the extension of the main bearish channel’s resistance that appears on the chart, thus, we will keep our bearish overview that targets 825.00 followed by reaching 750.00 support line.
We should note that attempting to rally above the current resistance and getting positive close will cancel the negative overview to expect the beginning of forming strong bullish rally to target 890.00 and 955.00 levels.
The expected trading range for today is between 870.00 and 825.00
The expected trend for today: Bearish