Platinum price faced 950.00 barrier at the recent bullish rally, to hinder the chances of resuming the bullish attack and form temporary correctional rebound to settle near 929.00.
Also, the contradiction between the major indicators confirms entering instability situation, while we remind you that the frequent stability above the additional support 908.00 allows us to wait to gather the additional positive momentum to manage to surpass the current obstacle and start targeting new positive stations by reaching 965.00 and 983.00.
The expected trading range for today is between 920.00 and 949.00
Trend forecast: Bullish