Platinum repeats the negative attack– Analysis 10-3-2017

Platinum price continued recording the negative targets by reaching the initial target at 930.00, the stability of the resistance at 950.00 makes us prefer more of the negative attempts to expect reaching 913.00, to form the main target in the near and medium period, to monitor the price behavior to detect the true targets in the futuristic period.

Stochastic reach to the oversold level supports the negative suggestion by providing the negative momentum, which assists the price attempt to achieve the suggested targets.

Expected trading range for today is between 945.00 and 913.00

Expected trend for today: bearish.