Platinum looks for an exit – Analysis – 10-10-2019

Platinum price remains stable within a tight negative range that is represented by the resistance at 915.00, while 845.00 level represents the critical support against the lest negative trading, we expect renewing the negative fluctuation within this range until surpassing the main levels, to detect the main target in the futuristic period.

Stochastic continuation to provide negative momentum makes us prefer the negative fluctuation, to wait for testing the mentioned support.

The expected trading range for today is between 900.00 and 850.00

The expected trend for today: Bearish.