11.11.202217:43 Forex Analysis & Reviews: Technical analysis of Platinum

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Platinum:

The chart shows the movement of platinum in the 4-hour chart (H4).

The graph preserves geometric constructions, including those made earlier, in the medium-term analysis with a target value of $1,100 per 1 troy ounce.

The precious metal currently trades at $1,075-$1,056 per ounce.

The quotes' dynamic support level (continuous green line) still retains its vitality.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.