• Platinum broke resistance area
• Likely to rise to 1190.8
Platinum previously broke the powerful resistance area lying between the resistance levels 1079.5 (top of the previous impulse wave (1)) and 1106.5 (former resistance from 2016).
The breakout of this resistance area accelerated the active weekly impulse wave (3) from the end of last year.
Given the clear weekly uptrend – Platinum is expected to rise further toward the next multi-year resistance level 1190.8 (which stopped the weekly uptrend in the middle of 2016).
The dollar experienced a sell-off but rallied back up by the end of the week.…
The new week will be packed with economic data and decisions from key central banks.…
Despite economic factors working against the dollar, its oversold condition helped it this week or…
USDCAD: ⬇️ Sell - USDCAD reversed from key resistance level 1.4500 - Likely to fall…
Solana: ⬆️ Buy - Solana reversed from the long-term support level 113.75 - Likely to…
Adobe: ⬇️ Sell - Adobe broke round support level 400.00 - Likely to fall to…
This website uses cookies
![](data:image/svg+xml;charset=utf-8,<svg height="479px" width="1024px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
