No news for Platinum price due to the contradiction between the negative stability below 1050.00 against the main stability within the bullish channel that appears on the chart, reminding you that the stability of this barrier will push the price to form correctional bearish trades to move towards 990.00 and 950.00 levels.
On the other hand, breaching the current barrier will increase the chances of resuming the bullish attack to repeat the pressure on the bullish channel’s resistance at 1081.00 in order to find and exit to move towards new bullish track in the upcoming period.
The expected trading range for today is between 1050.00 and 1000.00
The expected trend for today: Bearish temporarily
