Platinum confirms the positivity – Analysis – 19-4-2017

Platinum price affected by stochastic attempt to surpass the overbought level, which forces it to provide intraday sideways trading by its stability near the moving average 55, the price might be forced to test 950.00 level, to form an initial support against the current trading, which supports the domination of the positivity by the price confinement above the main support at 915.00.

Therefore, we wait for gathering strong positive strong that allows it to record the expected targets that represented by 1010.00 and 1080.00 level.

Expected trading range for today is between 950.00 and 1010.00

Expected trend for today: Bullish