5
Platinum prices have demonstrated readiness to resume an upward trajectory, having exceeded the $950.00 mark and approaching the MA55 resistance level around $963.00. This level poses an immediate challenge to further bullish movements.
The stochastic indicators suggest positive momentum, supported by the $983.00 level, which strengthens the bullish outlook. A break above the MA55 could drive prices to the next target at $983.00, with medium-term projections aiming for $1015.00.
Today’s trading range is anticipated to fluctuate between $945.00 and $983.00.
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