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Platinum Price Analysis
Expected Scenario
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Platinum prices have successfully overcome negative pressures, holding above $983.00 to affirm a bullish trajectory. The price is now rallying towards the initial main target at $1015.00.
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Currently, there is a divergence among indicators, potentially causing mixed trading patterns. The price is likely to fluctuate between the aforementioned support level and $1015.00, which acts as an intraday obstacle to further upward movements aiming for $1042.00.
Expected Trading Range
- Support: $990.00
- Resistance: $1015.00
Trend Forecast: Bullish
