Platinum keeps the negative stability – Analysis – 15-6-2017

Platinum price provides negative trading below the moving average 55, to confirm the continuation of the bearish bias domination as we expected, reminding you that the bearish scenario depends on the stability of the resistance at 960.00, to keep waiting for forming the negative attack that targets 910.00 reaching 885.00 in the near and medium period.

Note that the attempt of breaching the current resistance and providing positive close, so that will confirm surpassing the negative pressures, to begin building a new bullish bias, and 980.00 level forms the initial positive target then expect reaching 1045.00.

Expected trading range for today is between 960.00 and 910.00

Expected trend for today: Bearish