Platinum traded above the 2.0% Fibonacci extension level at $2,230.00 in its last session, forming a strong bullish rally this morning that broke the $2,320 barrier and reached $2,375.00, recording notable gains. Despite some ongoing contradictions in the main indicators,…
Platinum confirmed the dominance of the bearish corrective bias, remaining below the $2460.00 resistance level and forming several bearish waves, reaching the initial target at $2245.00. The price may enter a period of sideways trading, where the stochastic’s attempt to…
Platinum concluded its recent bullish rally after encountering resistance near the all-time high of $2,467.70, leading to a corrective pause around $2,340.00. Although key indicators attempt to signal positive momentum, the continued fluctuations below this peak suggest renewed bearish corrective…
Platinum successfully renewed its bullish momentum, supported by stability above the $2,085 level. The rally gained strength from positive signals on key indicators, pushing past the $2,235 resistance and reaching $2,335 in clear gains. The bullish momentum is expected to…
*Platinum surrendered to bearish corrective pressure, breaking key support at $2,045 and extending losses to $1,905. Negative momentum from stochastic indicators and resistance around $2,090 reinforce the bearish corrective bias, which could push prices toward $1,855. To regain a bullish…
Platinum prices resumed their bearish corrective move, reaching the previously projected targets by testing the support of the minor bullish channel at $2045.00, before rebounding toward $2200.00. The conflicting signals from the main technical indicators suggest that the price is…
Platinum prices started the session with bearish corrective waves, pressured by continued resistance near $2460.00. As a result, prices pulled back to $2235.00, allowing the metal to accumulate some gains. As long as prices remain below this resistance, along with…
**”Platinum renewed its attempts to press against the $1,695 barrier, aiming to break out and resume the anticipated bullish trend. The current mixed signals from key indicators suggest close monitoring is needed until a decisive breach occurs, which could pave…
Platinum remained under sideways pressure, fluctuating near the $1,660 level, constrained by the resistance at $1,695, which is limiting the chances of resuming the main bullish move. The pair may continue trading sideways; however, stability above the additional support at…
Platinum ended its last bullish rally after encountering resistance at $1,695, settling below this level and entering mixed, fluctuating trading near $1,665. Despite the sideways movement, the Stochastic indicator suggests renewed bullish momentum, supporting a potential break above the resistance.…
“Despite recent weakness, platinum’s stability above the $1605.00 support level is likely to help it resume its bullish momentum in the near term. Building this positive momentum is crucial for targeting $1695.00, and surpassing this level could open the way…
“Platinum closed its latest trading session with a positive move above the additional support at $1,605, confirming the stability of the bullish scenario and signaling a potential rally toward $1,658. Building further bullish momentum is crucial at this stage. A…
Platinum is experiencing pressure from conflicting signals among the main indicators, particularly as the stochastic falls below the 80 level, prompting sideways trading and maintaining stability around $1,660. Holding above the $1,605 level would create additional support, increasing the likelihood…
“Platinum prices concluded the recent bullish push by reaching $1,725.00, establishing an extra resistance level that may prompt renewed attempts to gather gains toward $1,632.00. Support formed at $1,605.00, highlighted by stochastic fluctuations near the 80 level, suggests a potential…
“Platinum continued its series of bullish sessions, recording gains by reaching $1,724.00 before pulling back to settle near $1,695.00. The bullish momentum remains intact, supported by stability above the $1,605.00 support level and confirmed by key technical indicators. Based on…
**“Platinum is gaining additional positive momentum, supported by the stochastic approaching the 80 level, allowing it to stabilize above the key support at $1,495 and push toward $1,550. These bullish factors support maintaining a positive outlook, with a potential target…
Rephrased Version:“Platinum found key support near $1,488.00 during its recent downward attempts, which has delayed the bearish corrective move and prompted some sideways trading around $1,530.00. Bullish momentum is emerging according to major indicators, particularly with the stochastic exiting oversold…
*“Platinum surrendered to bearish momentum signaled by the stochastic, applying sustained pressure on key support at $1520.00 and reinforcing the short-term corrective downtrend. Confirmation of a break below this level would open the way toward multiple downside targets near $1480.00,…
Platinum has struggled to sustain trading above the $1,605.00 level, with stochastic indicators signaling negative momentum, exerting clear pressure on the 61.8% Fibonacci extension at $1,625.00. Ongoing bearish pressure suggests the potential for a further decline toward $1,482.00, with the…
Platinum concluded yesterday’s session with a strong positive signal, rallying above the sideways range near the $1,605.00 level and signaling its readiness to resume the main bullish trend, with initial gains expected toward $1,625.00. Stochastic’s movement into the overbought area…
The Platinum price continued to fluctuate below the $1605.00 resistance, resulting in mixed trading around $1580.00. Maintaining stability above the sideways support at $1520.00, along with ongoing positive momentum from key indicators, supports a bullish outlook. A break above the…
Platinum closed yesterday’s session testing the extra support level at $1,525.00, ultimately settling just above it. Price volatility was influenced by conflicting signals from the main indicators. A break below the current support with a negative close could push platinum…
Platinum Price Struggles to Resume Bullish Momentum The platinum price is finding it difficult to restart its bullish attempts, pressured by the resistance at $1,605.00 and the conflicting signals from key indicators, particularly with the stochastic falling below the 50…
Platinum price successfully held above the support level at $1,525.00, overcoming negative pressure and forming a bullish wave that pushed it close to the $1,605.00 mark, as shown in the chart above. For the rally to continue, additional bullish momentum…
Platinum price has started to show positive momentum, attempting to move above the initial resistance at $1,605.00. This action boosts the likelihood of stronger bullish movement in the near term, with expected targets at $1,660.00 and the next barrier at…
Platinum prices remained largely unchanged in yesterday’s session, confined between strong support at $1,525.00 and resistance near $1,605.00, which continues to hinder the activation of the previously suggested bullish trend. The metal is expected to continue its sideways movement until…
The platinum price remains under the influence of the bearish corrective trend, as it continues to trade below $1,695.00, forming bearish waves with a potential target near $1,558.00. The formation of an additional resistance around $1,605.00, supported by the stochastic…
Platinum price capitalized on positive stochastic signals, rallying yesterday above the $1,690.00 level and settling within the minor bullish channel, reaching a new high at $1,728.00. We anticipate a renewed bullish push targeting the next resistance around $1,745.00. Breaking this…
Platinum price remained largely unchanged since yesterday, fluctuating just below the $1690.00 level and exhibiting intraday sideways movement as it gathers momentum for a potential upward push. Sustained support above $1600.00, coupled with a stochastic rally above the 50 level,…
“Platinum price remains influenced by the persistent resistance near $1690.00, despite attempts to gain bullish momentum as suggested by key indicators. This has led to continued sideways movement around the $1650.00 level, while the price seeks stability above the additional…
Platinum has started to gain additional positive momentum, supported by the stochastic indicator’s attempt to stabilize above the 50 level. This increases the likelihood of initiating a bullish move toward the $1690.00 resistance barrier. The formation of solid support around…
Platinum price showed mixed movement on Friday, reflecting conflicting signals from key technical indicators. The price initially targeted the $1,583.00 level before attempting to initiate a bullish wave, supporting the continuation of the anticipated upward scenario. It’s important to note…
Platinum price has consistently posted positive closes recently, maintaining stability above the $1600.00 level, which acts as a strong support against bearish pressure. The price is currently fluctuating near $1655.00, attempting to remain within the boundaries of a minor bullish…
“Platinum price has continued to post positive closes in recent sessions, maintaining stability above the $1600.00 level, which has acted as additional support for ongoing bullish attempts. The price is currently fluctuating near $1655.00, aiming to remain within the boundaries…
