Platinum fluctuates within the bullish range – Analysis – 29-3-2017

 Platinum price failed to achieve the required breach to 980.00 level, to repeat its fluctuation below the moving average 55 to settle at 950.00, by the above image, we notice forming a new good support base at 936.00 to support the positive stability in the near and medium period, to keep our bullish suggestion until gathering the positive momentum, which allows it to surpass the last barrier and reach the next target at 1010.00.

Providing negative close below 936.00 level will cancel the bullish overview, which makes the price under big negative pressures that might push it to 913.00, to form the first negative station to the price.

Expected trading range for today is between 960.00 and 1010.00

Expected trend for today: Bullish