Platinum forms an ascending triangle and the price breaks out soon.
An ascending triangle typically signals a next move down if price collapses through the support line.
Platinum is at risk of resuming its decline to 1660 on a breach of 1675.
上升通道
PlatinumXPT/USD1H
We can see that an ascending channel has been exposed, the price needs a more bearish action for the certainty of breakdown.
An ascending channel suggests a technical bearish indicator that indicates a change in the prevailing trend in case if price breaks below support.
Platinum risks extra losses towards 1685 as sell-off may continue.
上升楔形
原油USOIL1H
It seems like a rising wedge emerges, crude-oil asks for a move as an indication of a breakout.
A rising wedge is considered to be a bearish price action signal that typically results in that prices move counter to the prevailing price trend in case if price breaks out to the the downside.
Crude-oil tests a move to the 92 level.
上升通道
Brent OilUKOIL1H
It seems like brent-oil shows an ascending channel.
An ascending channel often identifies a potential reversal in price action in case if price breaks out to the the downside.
Brent-oil to accomodate towards the 104 mark.
看涨旗形
黄金XAU/USD1H
We can see that a bullish flag comes out, the price is breaking out.
If price breaks through the resistance, the move could indicate a countertrend succeeding the current trend.
Gold to maintain its positive tone towards 4210.
下降通道
黄金XAU/USD1H
A descending channel happens.
A descending channel often identifies that the price to go up once price breaks above resistance.
Gold to jump towards 4200 as weakness seen overdone.
下降通道
白银XAG/USD1H
As we can see a descending channel forms and silver needs a bigger move as a sign of a breakout.
A descending channel provides a technical chart pattern with a downward bias that signals a next move up if price breaks above resistance.
A bullish price action towards the 61 zone is a possibility as downside pressure mitigates.
三角旗形
PlatinumXPT/USD4H
There is a pennant identified and the price is ready to break out now.
A pennant identifies the more likely potential of rising prices when price breaks out.
It is likely that a further bullish run towards the 1720 zone will form on a break above 1705 as door open for the continuation of the uptrend.
矩形
白银XAG/USD1H
A rectangle has been determined.
A rectangle is considered to be a useful bearish chart pattern that is used to predict the more likely potential of falling prices in case if price collapses through the support line.
There is a possibility of a rangebound to the 60.2 mark.