Platinum provides new negative signal – Analysis – 28-6-2018

Platinum price started to provide new negative trading by crawling below 855.00 level that formed the initial support against the recent negative trading, while confirming the current support will push the price negatively towards 812.00, and the continuous negative pressures might extend trading to record new negative target by reaching 750.00.

Stochastic continues to provide the negative momentum to notice the attempt to crawl towards the oversold areas to increase the chances of reaching the suggested negative targets.

Expected trading range for today is between 870.00 and 812.00

Expected trend for today: Bearish