Platinum repeats the sideways fluctuation – Analysis – 9-8-2018

No change for Platinum price until this moment, to surrender to the sideways bias domination, caused by the continuous contradiction of stochastic positivity against the negative stability within the bearish channel, besides the moving average 55 negativity that consolidates above the current price.

Therefore, the sideways fluctuation will remain valid until gathering new negative momentum to assure the importance of breaking 790.00 support that forms the main door to resume the bearish attack, which targets 748.00 initially.

Expected trading range for today is between 870.00 and 800.00

Expected trend for today: Fluctuated within the bearish range