Platinum Wave Analysis – 31 December, 2021


• Platinum reversed from resistance level 975.00

• Likely to fall to support level 910.00

Platinum continues to fall after the earlier downward reversal from the key resistance level 975.00 (which has been reversing the price from the end of November).

The downward reversal from the resistance level 975.00 created the daily Shooting Star – which marked the start of the active impulse wave (3).

Platinum can be expected to fall further toward the next support level 910.00 (which has been reversing the price from the middle of September).

Source: Fxpro

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