Platinum repeats the sideways fluctuation – Analysis – 15-7-2020

Platinum price still affected by the strength of 870.00 barrier, to block the bullish attempts and form more sideways fluctuations by settling at 830.00 level, reminding you that the chances of forming positive trades will remain valid as long as the key support 762.00 remains intact.

These factors besides stochastic attempt to provide the positive momentum keep our bullish overview valid, reminding you that succeeding to surpass the current barrier will allow the price to reach 915.00 followed by 980.00 levels.

The expected trading range for today is between 800.00 and 870.00

The expected trend for today: Fluctuated within the bullish range