Platinum Price Analysis Expected Scenario Platinum price was affected by the contradiction between the major indicators, to postpone the positive rally and settle within sideways track between 1015.00$ support and 1042.00$ resistance that forms temporary barrier against the bullish attempts. We recommend to stay neutral until exiting the current sideways track by surpassing one of the mentioned levels, as breaching the resistance will allow the price to target some positive stations by rallying towards 1072.00$ and 1085.00$ levels, while breaking the support will confirm forming correctional bearish trades, waiting to reach 1000.00$ followed by targeting 50% Fibonacci correction level at 984.00$. Expected Trading Range Between 1015.00$ support and 1042.00$ resistance.
Trend Forecast: Neutral