Platinum price continue to rise – Forecast today – 4-4-2024

Trading Analysis: Platinum Price Outlook

Platinum price continued to provide strong bullish waves yesterday, achieving additional gains by reaching the $941.00 level, approaching the first main target at $950.00 and confirming the continuous surrender to the bullish scenario.

Forming additional support at $920.00 and the continuous positive momentum coming from stochastic allow us to expect resuming the bullish attack, attempting to surpass the $950.00 level in order to find a way to record new gains on a medium-term basis by rallying towards $965.00 and $983.00 levels.

The expected trading range for today is between $928.00 and $950.00

Trend Forecast

Bullish