Platinum price gets rid of the negative pressures – Forecast today – 21-3-2024

Economies.com
2024-03-21 05:53AM UTC

Platinum price ended the correctional bearish rebound by providing new positive close above 882.00 support line, to manage to get rid of the negative pressures and form some bullish waves to surpass the MA55 and settle near 917.00.

 

Confirming the bullish scenario requires settling above 908.00 level again, to ease the mission of gathering the additional positive momentum followed by waiting to achieve some gains by targeting 930.00 and repeat the pressure on 950.00 barrier.

 

The expected trading range for today is between 908.00 and 930.00

 

Trend forecast: Bullish

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