Platinum Price Analysis
The price of platinum has seen a loss in positive momentum, resulting in a pause to the anticipated bullish rally with fluctuations near the $983.00 support level.
It is critical for platinum to maintain above this support level to reinforce its bullish trajectory and aim for targets at $1,015.00 and $1,042.00. Conversely, a decisive close below the current support would confirm a shift to a corrective bearish trend, potentially targeting levels starting at $965.00 and $948.00.
Expected Trading Range
- Support: $980.00
- Resistance: $1,015.00
Trend Forecast: Bullish
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