Platinum Price Analysis: XPT/USD fades bounce off 12-day-old support, $932 in focus
13.05.2022, 07:05

Platinum Price Analysis: XPT/USD fades bounce off 12-day-old support, $932 in focus

  • Platinum consolidates biggest daily loss in two months, retreats from daily high of late.
  • Bearish MACD signals hint at break of immediate support line but “double top” highlights $932 as the key support.

Platinum (XPT/USD) fails to recover from the biggest daily slump in two months despite posting 1.10% daily gains around $957 heading into Friday’s European session.

That said, the precious metal portrays a “double top” bearish chart pattern in the four-hour play. However, an upward sloping trend line from April 27 has recently probed bears.

Given the bearish MACD signals and the metal’s failure to rise past the 200-SMA, the XPT/USD prices are likely to drop back towards a fortnight-old support line, at $946 by the press time.

It should, however, be noted that the quote needs to conquer the $932 horizontal support, after breaking $946, to confirm the aforementioned bearish formation, which in turn could recall $860 on the chart.

Alternatively, a clear upside break of the 200-SMA, around 968, will challenge the “double tops” surrounding $1,000.

Also acting as the short-term key upside filter is the late April swing high close to $1,025.

Platinum: Four-hour chart

Trend: Further weakness expected

 

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik