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Platinum price turned green – Forecast today – 16-5-2024
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Platinum price turned green – Forecast today – 16-5-2024
May 15, 2024 11:37 PM

Platinum Price Analysis Expected Scenario Platinum price turned green in the previous sessions due to forming a strong bullish rebound and achieving many gains to approach the main target near $1085.00. Noting that the continuous positive momentum coming from the major indicators and the additional support line at $1040.00 attempt to remain intact to confirm the bullish scenario until touching the $1085.00 level. Surpassing it will push the price to settle within the main bullish channel again, allowing us to suggest achieving additional gains that might extend towards $1105.00 and $1128.00 levels. Expected Trading Range Between $1040.00 and $1085.00.

Trend Forecast: Bullish

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