Peet_Serfontein

Platinum $: re-test of the 200-day?

Short
TVC:PLATINUM   CFDs on Platinum (US$ / OZ)
A price action below 910 supports a bearish trend direction.
A price action below 900 supports further downside potential.
The stop-loss price is set at 955 (just above its 61.8% Fibonacci retracement level).
The profit target is set at 855.
Crossing below its 200-day, might initiate a re-rest of its 200-day and then a leg down.


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