Platinum increases the chances of the bullish correction – Analysis – 10-6-2019

Platinum price continued to resist the negative pressures by providing clear positive close above the initial support 790.00, to increase the chances of forming correctional bullish trades in the near term and medium term period.

Stochastic attempt to exit the oversold areas increases the chances of gaining the positive momentum, allowing us to wait to achieve the main targets around 840.00 followed by reaching 880.00 resistance.

The expected trading range for today is between 790.00 and 840.00

The expected trend for today: Bullish