Platinum
This chart forms part of a larger client note published pre-market.
The metal has had a strong two-day candle structure, with the price looking to breach it's short term downward trend line extending back to the swing highs of 30 September. Higher lows have developed since 02-November while the price is regaining and attempting to trade above the 8-21-50 DAY EMA. In order for the trend to shift, we need to see the price solidly break the $900 level. It held the pivot and is looking to test test the underside of resistance level #1.
The metal has had a strong two-day candle structure, with the price looking to breach it's short term downward trend line extending back to the swing highs of 30 September. Higher lows have developed since 02-November while the price is regaining and attempting to trade above the 8-21-50 DAY EMA. In order for the trend to shift, we need to see the price solidly break the $900 level. It held the pivot and is looking to test test the underside of resistance level #1.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.