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InvestingScope
Feb 22, 2019 7:45 AM

XPTUSD (Platinum): Short opportunity on the 1D Resistance. Short

PLATINUM / U.S. DOLLARICE

Description

Platinum has entered the 831 - 840 1D Resistance Zone (RSI = 63.418, MACD = 4.360, Highs/Lows = 20.0393) and following the impressive rise since last week 1D stochastics have turned overbought (STOCHRSI = 99.355, Williams = -7.945). This is a good opportunity to sell. Risk seekers may target the 775 - 785 Support Zone but we will settle for the median. TP = 808.00.






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