Platinum attempts to regain the positivity - Analysis - 22-3-2017

Platinum price provided clear stability above the support at 950.00, to form some positive trading to press on the moving average 55 that forms good barrier against the bullish rally by its stability at 967.00, reminding you that providing positive close above this barrier will confirm the continuation of the positivity, opening the way towards recording several targets that begin at 980.00 reaching to 1010.00 in the upcoming period.

Stochastic stability above 50 level assist to provide extra positive momentum that increases the chances for achieving the breach, which makes us wait for recording the positive targets.

Expected trading range for today is between 960.00 and 980.00

Expected trend for today: Bullish