Platinum price achieved a significant milestone by surmounting the 950.00 barrier in yesterday’s session, solidifying its alignment with the overarching correctional bullish bias. This achievement underscores the attainment of the supplementary target at 970.00, with the price establishing a foothold above the MA55.
It is worth noting that the current stochastic stability within the overbought zones augments the likelihood of revitalized positive endeavors. These endeavors may set their sights on the primary resistance level at 992.00, thereby prompting vigilance in monitoring subsequent price behavior to discern the trajectory of the impending overarching trend.
Today’s projected trading span rests between 960.00 and 992.00.
The anticipated trend for today remains bullish.
