Platinum price moves slowly – Forecast today – 3-5-2024
Economies.com
2024-05-03 07:02AM UTC
Scenarios
Scenario 1: Slow Positive Attempts
- Despite positive factors, platinum price sees slow positive attempts.
- Repeating fluctuations near $955.00 level.
- Obstacle formed by $965.00 level.
Scenario 2: Potential for Further Gains
- Frequent stability observed above additional support at $931.00.
- Stochastic continuous positive momentum.
- Potential to surpass current obstacles.
- Additional gains anticipated, possibly extending towards $983.00 and $1015.00.
Trading Range
The expected trading range for today is between $940.00 and $965.00.
Trend forecast: Bullish
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