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Platinum price has reaffirmed its bullish trajectory, with a recent encouraging closure above the 915.00 level. This not only extended the breach of a crucial resistance but also established a new support level, bolstering the bullish endeavors.
Additionally, the stochastic indicator is showing signs of a positive momentum, which is expected to aid in reinvigorating the bullish surge. Market participants are now looking forward to reaching the initial target at 950.00, with a potential continuation of the positive trend in the near future contingent on surpassing this level.
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Today’s projected trading range is poised between 920.00 and 950.00, underscoring the ongoing bullish sentiment in the platinum market.
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Current Trend: Bullish
