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Platinum price demonstrated resilience around the 880.00 level, establishing robust support against recent downward trends. This led to the emergence of bullish waves, with the price consolidating near 905.00. The increased proximity to this level enhances the likelihood of a renewed bullish bias.
Emphasizing the significance of gathering additional positive momentum is crucial to activating a bullish rally and overcoming the resistance at 925.00. Surpassing this level is poised to pave the way for further positive advancements, potentially commencing around 950.00.
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The expected trading range for today is anticipated to fall between 890.00 (support) and 925.00 (resistance).
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Expected Trend for Today: Bullish
