Platinum without any News-Analysis – 15-2-2017

Platinum price continued providing sideways trading, in spite of its stability above the support at 980.00, affected by the continuation of the main indicators contradiction until this moment, therefore, we will keep waiting for gathering bullish momentum again, to confirm the continuation of the positivity that targets 1020.00 level reaching the extension of the resistance to 1060.00 in the upcoming period.

Stochastic approach from 20 level supports surpassing the negative pressures, which opens the way towards gathering bullish momentum, which increases the chances for forming bullish attack that allows it to begin recording the suggested targets.

Expected trading range for today is between 980.00 and 1020.00

Expected trend for today: Bullish