Platinum price repeats the positive closings – Forecast today – 28-3-2024
Economies.com
2024-03-28 05:34AM UTC
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
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