Platinum prepares to the bullish attack – Analysis – 9-10-2017

Platinum price continued to provide frequent positive trading above 900.00 support to confirm preparing to build new bullish bias in the near term and medium term period, also, we remind you that the first positive target is located around 950.00 due to the consolidation of the moving average 55 around it, blocking the bullish attack on the intraday basis, followed by extending trading towards the next target at 980.00.

Stochastic rally above 50 level reinforces our expectations of regaining the bullish bias to gain new positive momentum and start recording the suggested targets.

Expected trading range for today is between 900.00 and 950.00

Expected trend for today: Bullish