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FX.co ★ Technical analysis of Platinum

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Forex Analysis:::2022-10-24T10:12:59

Technical analysis of Platinum

Platinum (#PLF):

Technical analysis of Platinum

The chart shows the movement of platinum on the daily (D1) chart.

Quotes are gradually gaining strength for an upward movement and are ready to break through the key resistance level of $929.8. If that happens, platinum will most likely climb further to $1100.0.

This calculation is based on the "theory of fractal extremes", which makes use of previous price movements in determining the next highs of quotes.

Good luck!

Analyst InstaForex
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