Platinum awaits the positive momentum – Analysis – 6-6-2019

Platinum price didn’t succeed to record any new correctional target due to the continuous negative pressure coming by the major indicators, to force the price to form new sideways fluctuation and settles around 805.50 level, reminding you that the positive scenario will remain valid as long as the initial support 790.00 remains intact, while gathering new positive momentum will allow the price to reach the targets at 840.00 followed by 880.00 levels.

We remind you that attempting to crawl below the current support and getting negative close will force the price to form strong negative trades to suffer many losses by moving towards 749.00 and 680.00 levels.

The expected trading range for today is between 790.00 and 840.00

The expected trend for today: Bullish