Platinum repeats the fluctuation between the major levels – Analysis – 8-3-2018

Economies.com
2018-03-08 07:18AM UTC

No news for Platinum price that continues to fluctuate between 940.00 support and 985.00 resistance, thus, we will keep suggesting the sideways bias domination until surpassing one of the mentioned levels followed by managing to detect the next main targets.

 

Note that declining below the current support will confirm the bearish bias domination for the upcoming period, expecting to target 890.00 level first, while rallying above the initial resistance will increase the chances of regaining the bullish bias by providing positive pressure on 1025.00 level followed by extending trading towards 1085.00.

 

Expected trading range for today is between 985.00 and 940.00

 

Expected trend for today: Sideways

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