Platinum recently reversed down with the daily Shooting Star from the resistance area lying between the resistance level 844.00 (former support from May), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse 1 from April.
The downward reversal from this resistance area started the active short-term impulse wave 3.
Platinum is expected to fall further and retest the next round support level 800.00 (former support from the end of June).
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