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Platinum price approaches the target– Forecast today – 1-9-2025
AI Summary
- Platinum price breached the barrier at $1355.00 and is approaching the main target at $1383.00
- Stochastic attempt to exit the oversold level may cause sideways trading, but the main bullish trend is expected to continue
- The expected trading range for today is between $1362.00 and $1398.00 with a bullish trend forecasted
Platinum price succeeded in breaching the barrier at $1355.00, forming several bullish waves to approach few points from the initial main target at $1383.00.
Note that forming sideways trading due to stochastic attempt to exit the oversold level, but it didn’t affect the main bullish trend, to expect gathering extra positive momentum, to step above $1383.00 level to reach the next station at $1398.00.
The expected trading range for today is between $1362.00 and $1398.00
Trend forecast: Bullish
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