Platinum Forecast for the week April 10 — 14, 2017


Quotes Platinum completed the trading week at 945. At the moment, the instrument continues to develop a downward trend, but there is potential for growth of quotations in the area above the level of 975 within the framework of the development of the reversal model.

The failed swing on the indicator of relative strength. The cancellation of the option of the Platinum quotation period will be the fall of the indicator below the level of 30.

Platinum Forecast for the week April 10 — 14, 2017

Platinum Forecast for the week April 10 — 14, 2017

With the development of the upward trend in the area above the level of 1050, one should expect the completion of the formation of the downward Wolf wave pattern, which indicates a drop to the area below the level of 875.

Platinum Forecast for the week April 10 — 14, 2017 involves an attempt to simply go to the area above the level of 975 as part of working out the reversal model on the indicator of relative strength, in the case of continuing growth in the area of 1045, one should expect the fall of quotations to fall below 875.


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