Platinum price repeats the positive closings – Analysis – 23-3-2023

Platinum price succeeded to face the temporary negative pressures to notice providing new positive closings above 965.00 level, taking advantage of the MA55 positivity, to settle near 990.00.

We assure the importance of gathering the positive momentum to manage to surpass the additional barrier at 1005.00 to confirm the continuation of the positivity and start targeting new stations that might start at 1040.00 followed by reaching 1075.00 on the medium term basis.

The expected trading range for today is between 975.00 and 1040.00

The expected trend for today: Bullish