Platinum price leans above the support – Forecast today – 27-3-2024

Platinum Price Analysis

Platinum price repeated the positive closings above 888.00$ support line, to reinforce the chances of activating the bullish track again, noticing its consolidation near 905.00$ level, noting that stochastic begins to provide the positive momentum to increase the chances of attacking 913.00$ obstacle, assuring the importance of surpassing this level to open the way to reach new positive stations that might extend towards 932.00$ and 950.00$ on the medium-term basis.

The expected trading range for today is between 895.00$ and 922.00$.

Trend forecast: Bullish