#platinum technical analysis

Platinum Technical Analysis and Daily Forecast June 25, 2018

Platinum‏ (NYMEX)‏ (V8) ST: the downside prevails as long as 901.6 is resistance

Pivot: 901.6

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

the downside prevails as long as 901.6 is resistance.

Alternative scenario:

above 901.6, look for 925.6 and 939.9.

Comment:

the RSI is below 50. The MACD is below its signal line and negative. The configuration…

Platinum Technical Analysis and Daily Forecast June 18, 2018

Platinum‏ (spot) ST: below its lower Bollinger band

Pivot: 903.0.

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

the downside prevails as long as 903 is resistance.

Alternative scenario:

above 903, look for 920.9 and 931.7.

Comment:

the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. The price is trading…

Platinum Technical Analysis and Daily Forecast June 13, 2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 936.4

Pivot: 882.9

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 936.4.

Alternative scenario:

below 882.9, expect 863.2 and 851.4.

Comment:

the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. The price stands below its 20 and…

Platinum Technical Analysis and Daily Forecast June 06, 2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 940.9

Pivot: 884.6.

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 940.9.

Alternative scenario:

below 884.6, expect 863.9 and 851.6.

Comment:

the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. The price stands below its 20…

Platinum Technical Analysis and Daily Forecast June 01, 2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 954.8

Pivot: 886.8

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 954.8.

Alternative scenario:

the downside breakout of 886.8 would call for 862.3 and 847.7.

Comment:

the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. The…

Platinum Technical Analysis and Daily Forecast May 31-2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 955.7

Pivot: 888.9.

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 955.7.

Alternative scenario:

below 888.9, expect 864.1 and 849.3.

Comment:

the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. The price…

Platinum Technical Analysis and Daily Forecast May 30-2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 953.6

Pivot: 886.1

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 953.6.

Alternative scenario:

the downside breakout of 886.1 would call for 861.3 and 846.6.

Comment:

the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. The…

Platinum Technical Analysis and Daily Forecast May 29-2018

Platinum‏ (NYMEX)‏ (N8) ST: short term rebound towards 952.7

Pivot: 880.5

Trend daily chart (=) Trend weekly chart (=) Our Preference and Forecast:

short term rebound towards 952.7.

Alternative scenario:

the downside breakout of 880.5 would call for 855.7 and 841.

Comment:

the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. The price…