Platinum Price Analysis Expected Scenario Platinum price ended last Friday by breaking 50% Fibonacci correction level at 983.00$ clearly, confirming its surrender to the domination of the previously suggested bearish bias and notice reaching 963.00$. We expect to attack the MA55 at 958.00$ soon, assuring the importance of settling below it to ease the mission of reaching the additional negative stations that might start at 948.00$ and 920.00$. Expected Trading Range Between 985.00$ support and 920.00$ resistance.
Trend Forecast: Bearish