Platinum Price Analysis Expected Scenario The Platinum price took advantage of the stability of 1015.00$ support that forms 61.8% Fibonacci correction level to notice forming strong bullish waves and settle above 1040.00$ in attempt to cover losses by reaching 1058.00$. Now, stochastic positive momentum will increase the efficiency of the bullish track for the near-term and medium-term trades, allowing us to suggest the bullish attempts that might target 1085.00$ and holding above this obstacle to extend trades towards 1125.00$ recorded high. Expected Trading Range Between 1040.00$ support and 1085.00$ resistance.
Trend Forecast: Bullish