Platinum didn’t surrender to the negativity – Analysis – 12-4-2017

Platinum price surpassed the negative pressures to renew the bullish attempts by reaching the moving average 55, to announce the continuation of the bullish bias domination in the upcoming trading, by the above image, we notice the stability of the critical support ta 913.00, which makes us expect more of the bullish attempts, reminding you that surpassing the barrier at 980.00 important to open the way towards recording more of the targets that begin at 1010.00 reaching to 1080.00.

Stochastic rally above 50 level forms the main factor for renewing the bullish attempts to keep providing the bullish momentum, to open the way towards achieving the suggested targets.

Expected trading range for today is between 950.00 and 1010.00

Expected trend for today: Bullish