Platinum price gets the positive momentum – Forecast today – 15-3-2024

Platinum price kept its positive stability, taking advantage of stochastic reach towards the 23.6% Fibonacci correction level at 908.00, which forms additional support against the bullish trades, to manage to provide frequent positive closings near 932.00 level.

Now, stochastic exit from the oversold areas will ease the mission to gather the required positive momentum to form new bullish waves, to keep waiting to attack the target at 949.00, while surpassing it might extend trades towards 983.00 to form the next main target for the bullish trades.

The expected trading range for today is between 925.00 and 949.00

Trend forecast: Bullish