Platinum Demonstrates Cautious Movement

Platinum prices maintained a lateral trading pattern, exhibiting limited progress. Despite the Stochastic indicator indicating positive momentum, the 950.00 barrier remains a significant resistance level hindering upward advancement.

With 920.00 providing supplementary support, the price’s outlook remains optimistic, targeting new thresholds. The initial target stands at 970, followed by the pivotal support at 992.00.

Today’s projected trading range is forecasted to span between 920.00 and 970.00.

Today’s anticipated trend: Favorable for Price Increase