Platinum Price Faces Challenges in Breaking $950 Barrier

by Yuki

Platinum prices have struggled to breach the $950 mark, constrained by conflicting major indicators. The metal is currently fluctuating around $933. The bullish outlook remains intact, provided the $907 support level holds. If prices surpass the $950 resistance, they could potentially advance to new highs, with targets set at $970 and $1,015.

Until this resistance is overcome, the bullish perspective persists, with today’s anticipated trading range between $925 and $950.

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