Platinum without any news – Analysis – 23-4-2019

No news for Platinum price that fluctuates near the moving average 55, affected by 910.00 level forming intraday barrier against the main bullish attempts, reminding you that the bullish scenario will remain valid as long as the main support line 860.00 remains intact, waiting to provide new positive close above the current barrier to confirm the preparation to record more positive targets, located at 955.00 followed by 1000.00 in the upcoming period.

Stochastic continuous fluctuation within the overbought areas increases the chances of forming new bullish wave to get rid of the current obstacle to expect the beginning of recording the main targets in the near term and medium term period.

The expected trading range for today is between 870.00 and 955.00

The expected trend for today: Bullish