Platinum (PL) Looking to Extend Higher

by elliottwave-forecast.com | July 17, 2024 6:06 pm
Platinum (PL) is still looking to resume the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave...

Platinum (PL) Turning Higher

by elliottwave-forecast.com | April 23, 2024 3:54 pm
Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has...

Platinum (PL) in Bottoming Process

by elliottwave-forecast.com | February 20, 2024 5:54 pm
Platinum (PL) is still in the process of forming a bottom and the metal is trading sideways since 2021 peak at 1348.2. The metal still needs to break above 1348.2 to confirm that the next leg higher...

Platinum (PL) Ended Correction and Turning Higher

by elliottwave-forecast.com | November 14, 2023 6:48 pm
Platinum (PL) may have ended the correction to the cycle from 9.1.2022 low and in the early stage of turning higher. If the pivot on September 2022 low at 796.8) breaks, it suggests a bigger correction against...

Platinum (PL) Correction Remains In Progress

by elliottwave-forecast.com | October 4, 2023 5:04 pm
Platinum (PL) is still correcting cycle from 9.1.2022 low before the rally resumes. We also present an alternate view if the pivot at September 2022 low (796.8) fails. If it breaks below 796.8, it suggests a bigger...

Platinum (PL) Pullback Should Find Buyers

by elliottwave-forecast.com | September 11, 2023 6:18 pm
Platinum (PL) is still correcting cycle from 9.1.2022 low and the correction is unfolding as a double three. In this article, we will update the longer term Elliott Wave outlook for Platinum. We also present an alternate...

Platinum’s Correction in the Form of Expanded Flat

by elliottwave-forecast.com | July 10, 2023 2:20 pm
Platinum (PL) is still correcting cycle from 9.1.2022 low and the correction is likely in the form of expanded flat. In this article, we will update the longer term Elliott Wave outlook for Platinum. We also present...

Platinum (PL) Correction in Progress

by elliottwave-forecast.com | May 29, 2023 8:53 pm
Platinum (PL) shows a higher high (bullish sequence) from 9.1.2022 low favoring further upside. Since forming the intermediate top at 1148.9 on April 21, the metal has corrected cycle from 2.27.2023 low at 903.9. The correction can...

Platinum (PL) Ended Correction and Resumes Higher

by elliottwave-forecast.com | March 6, 2023 8:14 pm
In our last blog from December 2022, we wrote that Platinum is ready to rally in 2023 after a 3 waves pullback. Fast forward 3 months later, the pullback has likely completed. The metal can start to...

Platinum (PL) Ready to Rally in 2023

by elliottwave-forecast.com | December 27, 2022 4:31 pm
Platinum (PL) continues to trade sideways and the metal is in the process of forming an important low before the next major bullish cycle starts. The Federal Reserve has aggressively hiked rates multiple times, creating a sideways...