Expected Scenarios and Trading Range
Scenario 1: Positive Stability
- Platinum price maintains positive stability above the MA55, reinforcing additional support at $949.00.
- Recent price action suggests attempts to form positive waves, settling near $961.00.
Scenario 2: Bullish Momentum
- Positive momentum expected by stochastic indicators to activate upward movements.
- Targets include $983.00, with potential further stations at $996.00 and $1015.00.
Trading Range
Expected range for today: $949.00 - $996.00
Trend forecast: Bullish