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Platinum (PL) Correction in Progress
Monthly Elliott Wave Chart of Platinum above shows that the metal ended wave ((I)) at 2308.8 and pullback in wave ((II)) ended at 562. The metal then extended higher again in wave ((III)) with internal subdivision as a 5 waves impulse. Up from wave ((II)), wave (I) ended at 1348.2 and pullback in wave (II) ended at 796.8. Internal subdivision of wave (II) unfolded as a zigzag structure where wave a ended at 886, wave b ended at 1197, and wave c lower ended at 796.8. The metal has turned higher in wave (III), but it still needs to break above wave (I) at 13487.2 to rule out a double correction. Platinum Daily Elliott ... (full story)