Platinum looks for the positive momentum– Analysis – 13-3-2018

Economies.com
2018-03-13 06:05AM UTC

Platinum price remains stable above the critical support at 940.00 level, to notice its affection by the sideways bias due to the neediness to the bullish momentum, therefore, we will keep waiting until gathering new positive momentum to push it to surpass 985.00 barrier, then begins recording more of the positive targets that begin at 1030.00.

 

Note that the price attempt to break the current support will cancel the positive overview, affected by big negative pressures, to expect targeting several negative levels that might begin at 890.00.

 

Expected trading range for today is between 940.00 and 1000.00

 

Expected trend for today: Bullish.

 

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