Expected Scenarios
- Platinum price failed to surpass $987.00 barrier, activating the correctional bearish track.
- Stochastic negative momentum signals contributed to this activation.
- Reaching additional support at $950.00.
Trading Range
- Expecting new sideways trades with the chance of intraday losses, crawling towards $937.00.
- Waiting for required positive momentum to confirm the bullish scenario.
- Pressure on the current barrier with the aim to surpass it and open the way for new gains.
Expected Range for Today
The expected trading range for today is between $940.00 and $962.00.
Trend Forecast: Bullish