Long
Platinum Forecast
The price was bearish flowing easily down below the (MA) and made a low and then broke above the (MA). After that, things started to get strange, it rejected the 1220 area.
Now, candles do not seem to have enough volume to continue the bearish trend.
If price breaks above the McGinley, then it will meet resistance at 1204.37.
The price target is 1234.27, our bias 1254.10
.
Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.