Platinum is stable within the bullish range 20-3-2017

Platinum price formed more of the bullish wave after hitting the support at 950.00 to push positively on the moving average 55, which decelerates the positive surpass by its stability near 968.00, but stochastic reach to the overbought level will increase the positive pressure on the current trading by providing new bullish momentum, which allows it to begin recording the waited targets at 980.00 and 1010.00.

While the price failure to breach the current barrier, so that will but it under the effect of the sideways bias in the near period, to expect reaching the initial support and to begin building new bullish bias from this level.

Expected trading range is between 960.000 and 980.00

Expected trend for today: bullish.