Platinum prices have remained stable above the support level of $954.00; however, mixed trading patterns are emerging as the price fluctuates below the resistance at $983.00. This volatility is influenced by the Stochastic indicator, which is currently hovering below the 50 level.
We anticipate continued sideways trading until the price rallies above $983.00, which would enhance the chances of reaching positive targets at $1,015.00 and subsequently $1,042.00.
The expected trading range for today is between $960.00 support and $995.00 resistance.
Trend Forecast: Bullish
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