Market Snapshots

Platinum Wave Analysis – 24 October, 2019

Platinum Wave Analysis – 24 October, 2019
  • Platinum broke resistance level 910.00
  • Likely to rise to 964.00

Platinum recently broke through the resistance level 910.00 (top of the earlier impulse wave (1)), which was set as the likely upward target in our earlier forecast for this instrument.

The breakout of the resistance level 910.00 accelerated the active medium-term impulse wave (3).

Platinum is expected to extend the gains the next resistance level 964.00 (top of the previous wave (B) from September).

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