Platinum repeats the negative fluctuation– Analysis – 6-3-2018

The negative pressures factors remain valid to confirm Platinum price surrender to the bearish bias domination, which targets the support at 940.00, noting that the continuation of facing the negative pressures and that might force it to break the current support and resuming the bearish attack, to reach 890.00 reaching to the recorded top at 812.00.

Stochastic increases the negative pressure by its decline below 50 level, to open the way towards gaining extra negative momentum confirming the continuation of the negativity in the near and medium trading, reminding you that the stability of the barrier at 985.00, to decrease any chance to change the main expected trend.

Expected trading range for today is between 985.00 and 940.00

Expected trend for today: Bearish