Platinum should resume the positivity– Analysis – 11-9-2019

Platinum price couldn’t escape from resuming the positivity due to its repeated stability above the critical support at 863.00 for today, and 910.00 level keeps forming the neckline of the inverted double top confirms its readiness to form a new bullish attack, to target 980.00 level reaching to 23.6% Fibonacci correction level at 1025.00.

Stochastic attempt to reach the overbought level reinforces our bullish expectation by validating a new positive momentum, to ease the attempt of the price rally towards the suggested targets.

The expected trading range for today is between 910.00 and 980.00

The expected trend for today: Bullish