Tag: platinum
• Platinum broke resistance level 955.00 • Likely to rise to resistance level 1000. Platinum recently broke the resistance level 955.00 (top of wave A from June) intersecting with the 61.8% Fibonacci correction of the C-wave from June. The breakout of the resistance level 955.00 accelerated the active impulse waves (iii) and C – which […]
• Platinum reversed from support zone• Likely to rise to resistance level 960.00 Platinum recently reversed up strongly from the powerful long-term support level 900.00 (which has been reversing the price from last September), standing near the lower daily Bollinger Band. The upward reversal from support level 900.00 stopped the previous short-term impulse wave 3 […]
• Platinum under bearish pressure• Likely to fall to support level 929.00 Platinum under bearish pressure after the price broke below the support level 966.00 (which has been reversing the price from the middle of January). The breakout of the support level 966.00 accelerated the active impulse wave C, which belongs to wave (2) from […]
• Platinum broke round support level 1000.00• Likely to fall to support level 959.00 Platinum recently broke the round support level 1000.00 (which has been repeatedly reversing the price from last January). The breakout of the support level 1000.00 coincided with the breakout of the 61.8% Fibonacci correction of the previous wave (B) from December. […]
• Platinum reversed from support zone• Likely to rise to resistance level 1040. Platinum recently reversed up from the support zone located between the support levels 1000.00 and 990.00 (which have been reversing the price from November), strengthened by the 50% Fibonacci correction of the upward impulse from February . The upward reversal from this […]
• Platinum reversed from resistance zone • Likely to fall to support level 1000.00 Platinum recently reversed down from the resistance zone lying between the pivotal resistance level 1055.00 (which has been reversing the price from last month), upper daily Bollinger Band, 200-day moving average and the 61.8% Fibonacci correction of the downward impulse from […]
• Platinum reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 Platinum recently reversed down from the key round resistance level 1000.00 (which has been reversing the price from November). The resistance zone near the resistance level 1000.00 was strengthened by the upper daily Bollinger Band and by the 50% […]
• 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 – […]
