{"id":18290,"date":"2011-01-19T07:55:28","date_gmt":"2011-01-19T12:55:28","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=18290"},"modified":"2011-01-19T07:55:28","modified_gmt":"2011-01-19T12:55:28","slug":"has-platinum-reached-its-peak","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/19\/has-platinum-reached-its-peak\/","title":{"rendered":"Has Platinum Reached Its Peak"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/en\/trading\">Platinum<\/a> prices  rose significantly in the last two weeks and peaked at $1845 an ounce.  And now, there appears to be a recent bearish cross on the 4-hour  chart\u2019s <a href=\"http:\/\/www.forexyard.com\/en\/stochastic\">Stochastic (slow)<\/a> and MACD, highlighting significant downward momentum building on this commodity\u2019s price. In addition, the <a href=\"http:\/\/www.forexyard.com\/en\/relative-strength-index-rsi\">Relative Strength Index (RSI)<\/a> has the price floating in the over-bought region, suggesting that more  pressure is on the way. Forex traders may want to take this opportunity  to catch the downward correction on Platinum, which appears to be  imminent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/Platinum-19-1-2011.JPG\" alt=\"Platinum 19-1-2011\" width=\"507\" height=\"651\" \/><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                                                                                                       may              not             be                                              suitable                     for                     all                                                                         investors.                                       There                            is         a                                                                                                                         possibility                                            that                                                            you                                       could                                                      sustain  a                       loss                                  of              all                         of                                 your                                                                                                             investment             and                                                                                            therefore            you                                                                         should                      not                                                     invest                                                     money                      that                            you                                                                      cannot                                                afford         to                                                            lose.                 You                                                                   should                         be                                   aware                      of                                               all                              the                              risks                                                                                           associated                                    with                                            Foreign                                                               Exchange                                                                        trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Platinum prices rose significantly in the last two weeks and peaked at $1845 an ounce. And now, there appears to be a recent bearish cross on the 4-hour chart\u2019s Stochastic (slow) and MACD, highlighting significant downward momentum&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-18290","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=18290"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/18290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=18290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=18290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=18290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}