Platinum price faces the moving average – Forecast today – 19-3-2024

Economies.com
2024-03-19 05:04AM UTC

Platinum price still affected by the contradiction between the major indicators, to notice crawling towards 912.00 level and face the MA55 that reinforces the stability of the additional support at 908.00.

 

Note that there is a chance to gather the positive momentum and end the temporary negative pressures, waiting to activate the bullish attempts to target 930.00 followed by reaching 949.00 obstacle in order to find a way to achieve new gains in the upcoming period.

 

The expected trading range for today is between 910.00 and 930.00

 

Trend forecast: Bullish

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