• Platinum reversed from support level 890.00
• Likely to rise to 950.00
Platinum recently reversed up from the support level 890.00 (which also reversed the price sharply in July) – intersecting with the support trendline of the daily up channel from March.
The upward reversal from the support level 890.00 continues the active multi-month uptrend from the middle of March.
Platinum is likely to rise further toward the next resistance level 950.00 (which stopped the previous ABC correction (2) in August).
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