Platinum Price Analysis
Platinum price underwent a temporary correctional wave yesterday, testing the support line at $983.00 before settling above it. This move confirmed the bullish scenario, with the price closing near $997.00.
Expected Scenario
Currently, platinum price requires new positive momentum to sustain its upward trajectory. Breaking above the resistance barrier at $1015.00 is crucial to pave the way for further gains, potentially targeting levels starting at $1042.00.
Expected Trading Range
The anticipated trading range for today is between the support level of $983.00 and the resistance level of $1015.00.
Trend Forecast: Bullish
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