Platinum continues to rise inside the sharp short-term impulse wave C – which belongs to the medium-term ABC correction (2) from the end of May.
Price earlier broke the resistance area lying between the key resistance level 850.00 (which stopped the previous wave A in June) and the 50% Fibonacci correction of the previous downward impulse from April.
Platinum is expected to rise further and retest the next resistance level 880.00 (target price for the completion of the active wave C).
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- WTI crude oil reversed from the multi-year support level 66.70 - Likely to rise…
Japanese inflation is rising, with corporate goods prices inflation accelerating to 3.4% y/y in October,…
This website uses cookies
