Platinum without any change – Analysis – 9-10-2018

Platinum price remains stable below the moving average 55, to form a stable barrier at 832.00, to shrink the possibility for forming any bullish rally, therefore, we will keep preferring the negative trading in the current period, which targets the critical support at 790.00, then monitor the price behavior to detect the main trend in the upcoming period.

Note that the price success to breach the current barrier will cancel the negative overview, to begin forming a bullish rally, to expect targeting 855.00 and 871.00 level.

Expected trading range for today is between 832.00 and 791.00

Expected trend for today: Bearish