Platinum Price Analysis and Forecast

Expected Scenarios

Platinum price still holding above 888.00$ support line, confirming keeping the bullish track. Beginning to form bullish waves by settling near 902.00$. Stochastic continuous positive momentum signals. Reinforcing the chances of forming a strong bullish rally, expect moving towards the MA55 soon at 914.00$. Surpassing it will push the price to target additional stations that start at 932.00$, followed by reaching 50$ Fibonacci correction level at 950.00$.

Trading Range Forecast

The expected trading range for today is between 895.00$ and 914.00$.

Trend Forecast

Bullish