Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Platinum. The chart is self-explanatory. Platinum price made multiple attempts to get back above the 0.618 Fibonacci Retracement level but was rejected and now headed back down. Platinum price may be supported by the Multi-month support line. If it fails there then...
possible bullish continuation. TP Range : 960-1000$/oz.
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This could be the push I have been waiting for since we last tapped 1000. Platinum is mainly used for catalytic converters in electric cars. My Nio calls doubled so maybe this will too.