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FX.co ★ Technical Analysis of Daily Price Movement of Platinum Commodity Instrument, Thursday March 06, 2025.

Technical Analysis of Daily Price Movement of Platinum Commodity Instrument, Thursday March 06, 2025.

Technical Analysis of Daily Price Movement of Platinum Commodity Instrument, Thursday March 06, 2025.

There are three interesting things if we look at the 4-hour chart of the Platinum commodity instrument, the first is the price movement that moves harmoniously in the Bullish Pitchfork channel, the second is the Bullish Harmonic Cypher pattern, the third is the appearance of the Bullish 123 pattern so that based on these three facts, in the next few days we will see #PLF will strengthen where the 984.4 level will be tested to be broken upwards and if successful then 1014.1 will be the next target to be targeted as long as there is no significant weakening correction, especially if it breaks through and closes below the 895.0 level, because if this level is successfully broken and closes below it, the strengthening setup that has been described previously will be invalid and automatically canceled by itself.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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