Platinum in its way to the upside – Analysis – 26-11-2018

Platinum price kept its positive stability above the bullish channel’s support at 835.00, confirming its readiness to begin the waited bullish attack, beside the continuation of the moving average 55 fluctuation near the current support, which strengthen it to increase the chances for recording the positive targets by reaching 871.00 in the near period reaching to 900.00 in the upcoming trading.

While reaching below the current support and providing negative close, will confirm its surrender to the bearish bias domination, to suffer several losses by its decline to 814.00 and 775.00.

Expected trading range for today is between 835.00 and 871.00

Expected trend for today: Bullish