Platinum prices have begun to recover from recent losses, with the price fluctuating near the 55-period moving average at $959.00. The ability to maintain levels above $950.00 could pave the way for further bullish trades, potentially targeting higher levels at $971.00 and $983.00. However, if platinum settles below $950.00, the price could face a negative shift, with the possibility of testing $935.00.
Expected Trading Range: $950.00 – $971.00
Trend Forecast: Bullish
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