Platinum Price Demonstrates Sluggish Movement, Anticipating Bullish Momentum

Platinum price has persisted in sluggish trades around the 945.00 level, influenced by the ongoing conflict among major indicators. This circumstance prompts a delay in the anticipated bullish surge. It is noteworthy that the consolidation of the MA55 near the key support at 925.00 affirms the confinement of trades within the bullish trajectory for upcoming sessions.

Consequently, we are poised to observe the initiation of bullish waves, targeting gains in the vicinity of 983.00, followed by an ascent to 1015.00.

The expected trading range for today is envisaged between 935.00 and 970.00.

Expected Trend for Today: Bullish