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Platinum price faces an important support – Forecast today – 12-6-2024
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Platinum price faces an important support – Forecast today – 12-6-2024
Jun 12, 2024 2:00 AM

Platinum Price Analysis Expected Scenario Platinum price ended yesterdays trading by facing the support at 948.00$, to form a clear obstacle against the negative attack, to notice its fluctuation near the moving average 55 at 960.00$. We expect the affection of the fluctuation for today, note that its repeated stability below 983.00$ will assist renewing the negative attempts, which might target 920.00$ level, while the price rally above 983.00$ will confirm its activation to the bullish correctional track, to wait for targeting 1005.00$ and 1015.00$ before reaching any new negative target. Expected Trading Range Between 980.00$ support and 948.00$ resistance.

Trend Forecast: Sideways

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