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Platinum Price Touches the Target – Forecast for June 27, 2024

by Jennifer

Platinum Price Analysis

Expected Scenario

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Platinum prices have successfully overcome negative pressures, holding above $983.00 to affirm a bullish trajectory. The price is now rallying towards the initial main target at $1015.00.

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Currently, there is a divergence among indicators, potentially causing mixed trading patterns. The price is likely to fluctuate between the aforementioned support level and $1015.00, which acts as an intraday obstacle to further upward movements aiming for $1042.00.

Expected Trading Range

  • Support: $990.00
  • Resistance: $1015.00

Trend Forecast: Bullish

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