Platinum holds within the bullish channel – Analysis – 18-10-2018

Economies.com
2018-10-18 06:43AM UTC

No change to Platinum price’s positive trades, as it settles within the minor bullish channel that appears on the chart, while the stability of 821.00 support allows us to continue suggesting the bullish attempts that target 855.00 level initially, followed by reaching 871.00 in the upcoming period.

 

Any attempt to crawl below the current support and providing negative close will confirm changing the main trend to start targeting negative levels by moving towards 805.00 followed by reaching the key support 780.00.

 

Expected trading range for today is between 821.00 and 855.00

 

Expected trend for today: Bullish

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