Platinum recently broke through the key resistance level 858.00 (top of wave 2 from the end of November) – which was preceded by the breakout of resistance level 834.00 (top of waves A and (b)).
The breakout of the aforementioned resistance levels accelerated the active short-term impulse wave C of the medium-term ABC correction (2) from December.
Platinum is expected to rise further and re-test the next resistance level 880.00 (multi-month high from November).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
