Scenarios and Trading Range Expected Scenarios Platinum price fluctuated below the 950.00$ barrier. Temporary correctional rebound was noticed, testing 930.00$. Postponing the bullish attack was forced due to fluctuating below the barrier, with the potential to resume bullish attempts.
Frequent stability above the key support at 898.00$, along with MA55 forming additional support at 922.00$, suggests bullish attempts.
Reacting to stochastic positivity increases the chances of breaching the mentioned barrier and targeting new positive stations, possibly extending towards 962.00$ and 983.00$.
Trading Range The expected trading range for today is between 925.00$ and 950.00$.
Trend Forecast Bullish