Platinum price confirms the positivity – Forecast today – 26-4-2024

Platinum Price Analysis

Expected Scenario

• Platinum price succeeded to hold above the key support 895.00$ recently, to manage to activate the bullish attack and notice attacking the MA55 and achieve the first positive target by reaching 922.00$.
• Stochastic exit from the oversold areas confirms getting rid of the negative pressures that might hinder the bullish rally, which allows us to suggest more bullish attempts that might target 933.00$ followed by reaching the next barrier at 950.00$.

Expected Trading Range

Between 915.00$ support and 933.00$ resistance.