Platinum price jumps above the barrier – Forecast today – 12-4-2024
Economies.com
2024-04-12 07:21AM UTC
Platinum Price Analysis
Expected Scenario
- Platinum price has experienced a bullish rally, surpassing the $987.00 barrier.
- There are indications that it may target the $1000.00 level in the near term.
Expected Outcome
Continued positive momentum from major indicators and holding above the additional support at $950.00 suggest potential for significant gains.
Expectations are for the price to move towards $1015.00 and $1042.00 levels.
Expected Trading Range
Between $980.00 support and $1015.00 resistance.
Trend Forecast: Bullish
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