Platinum crawls positively – Analysis – 13-10-2017

Platinum price continues to crawl positively affected by the moving average 55 negativity, which continues to form barrier against the bullish barrier by moving around 950.00, while we will keep waiting to breach this barrier to manage to achieve more targets that start at 980.00 followed by 1020.00.

We should note that failing to achieve the required breach will force the price to provide mixed sideways trading along with chances to reverse the current attack and test 900.00 support line.

Expected trading range for today is between 920.00 and 980.00

Expected trend for today: Bullish