Platinum recently reversed up from the support area lying between the support level 850.00, lower daily Bollinger Band and the 50% Fibonacci correction of the previous sharp upward impulse from February.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Bullish Engulfing – standing outside of the lower Bollinger Band (strong bullish signal).
Platinum is expected to rise further and re-test the next resistance level 880.00 (former support from April).
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies
