Platinum moves slowly – Analysis – 17-10-2018

Platinum price continued to provide slow trades despite its consolidation within the bullish range that depends on the stability of 785.00 support, besides 823.00 forming additional support to confirm the domination of the bullish bias in the near term and medium term period.

We expect to gather new positive momentum and attack 855.00 level, forming the first positive target followed by attempting to reach the key barrier at 871.00.

Expected trading range for today is between 821.00 and 855.00

Expected trend for today: Bullish