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Category: Forex News, News

Platinum price reaches the moving average 55– Forecast today – 1-5-2026

Platinum price took advantage of the stability above $1865.00 level, which represents a strong extra support, activating with stochastic intraday positivity by recording some gains, to settle near the moving average 55 at $1990.00.

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The price needs a new positive momentum to help it to renew the bullish attempts, to expect reaching $2035.00 initially, to attempt to press on $2080.00 barrier, while the return of the trading below $1950.00 will confirm activating the bearish corrective trend again.

 

The expected trading range for today is between $1950.00 and $2035.00

 

Trend forecast: Bullish




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