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19.10.202203:36 Forex Analysis & Reviews: Technical analysis of Platinum

Platinum (#PLF):

Exchange Rates 19.10.2022 analysis

The chart shows the movement of platinum in the hourly (H1) chart.

In the event that #PLF hit the key resistance level of $929.8, a trend reversal will occur, most likely towards $878.0. Another rebound is also possible, from $913.0-$914.0 to the resistance level.

The reversal will not happen if the resistance area of $930.0-935.0 is broken.

Good luck!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Daniel Liderman,
Analytical expert of InstaSpot
© 2007-2024
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