Platinum price attempts to move to the bullish track – Analysis – 11-12-2019

Platinum price get advantage from the positive pressures yesterday, to notice its rally to the barrier at 915.00 in order to create a chance for regaining the bullish bias, we recommend waiting for confirming breaching the current barrier, to reinforce the chances for recording the positive targets by reaching 955.00 and 1025.00.

Note that the continuation of forming an extra support by the moving average stability at 884.00 for today will increase the chances for gathering the required positive momentum to achieve the breach.

The expected trading range for today is between 890.00 935.00

The expected trend for today: Bullish