Platinum keeps the positive stability– Analysis – 3-4-2017

Platinum price touched the support level at 940.00 in Friday’s trading, to form strong barrier against the negative fluctuation, to assist to confirm the continuation of the positivity in the upcoming trading, reminding you that surpassing the moving average 55 at 960.00 for today is important to open the way towards recording the waited targets that located at 980.00 reaching to 1010.00.

Stochastic rally to the overbought level reinforces the positive expectations, which provides strong positive momentum, to keep our bullish expectation until reaching the suggested targets.

Expected trading range for today is between 940.00 and 980.00

Expected trend for today: Bullish