Platinum (PL) Has Resumed Lower

by elliottwave-forecast.com | August 31, 2022 5:53 pm
In Jackson Hole speech last Friday, Fed’s governor Jerome Powell indicated that the Fed is serious in fighting inflation and will not pivot early. He also suggested that further hikes are likely as inflation rate continues to...

Platinum (PL) May Still See Further Downside

by elliottwave-forecast.com | August 9, 2022 6:22 pm
The Fed has raised interest rates four times this year to fight inflation. They hiked by 0.25 basis point in March, the first hike in more than three years. Then they hiked further 50 basis point in...

Platinum Support Area

by elliottwave-forecast.com | July 5, 2022 3:11 pm
The Fed’s aggressive rate hikes to fight inflation has caused deterioration in economic outlook. Atlanta Fed’s GDP gauge now sees the second quarter running at – 2.1%. With the first quarter’s decline of 1.6%, this makes it...

Platinum Elliott Wave Outlook

by elliottwave-forecast.com | April 12, 2022 3:52 am
Precious metals and other commodities continue their bullish run as a result of inflationary pressure and war in Ukraine. In this article, we will take a look at Platinum. Platinum is considered as a precious metal. However,...

Platinum Futures: Long-Term Elliott Wave Analysis

by elliottwave-forecast.com | October 1, 2021 3:12 pm
Platinum is a metal which is used in jewelry, decoration and dental work. The metal and its alloys are also used for electrical contacts, fine resistance wires and medical / laboratory instruments. An alloy of platinum and...

XPTUSD: Platinum Should Explode Targeting 2860

by elliottwave-forecast.com | October 19, 2020 1:22 pm
Platinum is one of the major precious metal commodities, along with gold, silver and palladium. As one of the least reactive materials, it is a noble metal which is highly appreciated and used in jewelry. The main functionality,...