Platinum price presses on the moving average – Forecast today – 29-4-2024

Platinum Price Analysis

Expected Scenario

• Platinum price started to form bullish waves to move away from the main support 897.00$, confirming its affection by the bullish scenario, noticing providing strong positive pressures on the MA55 near 922.00$.
• We assure the importance of achieving the required breach to manage to take advantage of stochastic positivity and start recording new gains that might extend towards 933.00$ followed by 950.00$.

Expected Trading Range

Between 915.00$ support and 933.00$ resistance.