Platinum still confined – Analysis – 11-10-2019

No news for Platinum price that keeps fluctuating within the negative range, represented by 915.00 resistance and 845.00 key support, expecting the continuation of the price mixed fluctuation until testing the current support to complete the previously suggested correctional bearish attempts.

We should note that any attempt to rally above 915.00 and providing positive close will cancel the negative overview and start forming strong bullish trades to repeat the pressure on 962.00 followed by attempting to reach 1025.00 that will form the first positive target of the bullish bias.

The expected trading range for today is between 915.00 and 850.00

The expected trend for today: Bearish