Platinum attempts to hold above the support – Analysis – 15-2-2019

Despite Platinum price facing frequent negative pressures, its stability above the initial support 775.00 supports the preparation to provide bullish trades in the near term and medium term period, as gathering the positive momentum allows us to expect rallying towards 825.00 barrier, which surpassing it will extend trades towards 870.00 in the upcoming period.

We remind you that declining below the current support and providing negative close will reinforce the domination of the bearish bias, to expect suffering many losses by reaching 748.00 followed by 700.00.

The expected trading range for today is between 775.00 and 810.00

The expected trend for today: Bullish