Platinum holds above the support – Analysis – 12-3-2018

In spite of Platinum price surrender to the sideways bias trading, but its repeated stability above the support at 940.00 eases the way towards regaining the bullish bias, stochastic reach to 20 level makes us expect surpassing the negative pressures, to begin gathering new positive momentum that allows it to surpass 985.00, and begin achieving the positive targets by reaching 1030.00 and 1085.00.

Any attempt to break the current support will cancel the positive overview, affected by big negative pressures, to expect targeting several negative levels that might begin at 890.00.

Expected trading range for today is between 940.00 and 1000.00

Expected trend for today: Bullish