Platinum negotiates the support – Analysis – 19-3-2018

Platinum price repeats providing sideways trading to settle near the current support at 938.00, affected by the negativity of the main indicators, the stability of the current support will increase the chances for forming new bullish trading, to target 985.00 level initially, as it forms the main barrier against the last bullish attack.

Note that the continuation of the negative pressures and the attempt of providing negative close below the current support will change the main trend, to expect forming strong negative trading, targeting several negative levels that begin at 890.00.

Expected trading range for today is between 938.00 and 985.00

Expected trend for today: Bullish