Platinum keeps the positivity – Analysis – 9-2-2017

Platinum price continues to provide positive trading since the last period, due to its stability within the bullish channel’s levels, to approach from the initial target at 1020.00, surpassing the initial target makes us expect strong bullish extension towards 1055.00 level, to press on the resistance that appears on the above image.

Stochastic succeeded to reach the overbought level to attempt to reinforce the positive pressure, which assists the price attempt to rally towards achieving the waited targets, and the stability of the support at 995.00 is important.

Expected trading range for today is between 1000.00 and 1055.00

Expected trend for today: Bullish