Platinum is frozen – Analysis – 10-8-2018

Platinum price is frozen, as it keeps fluctuating around 830.00 level until this moment, while stochastic positive fluctuation above 20 level contradicts the stability within the bearish channel, which supports the domination of the sideways bias for now, to more between 790.00 support and 850.00 level.

Resuming the negative attack required getting rid of 790.00 support to pave the way tp record negative levels that reach 748.00 followed by 680.00.

Expected trading range for today is between 850.00 and 790.00

Expected trend for today: Sideways