sugardaddyFED

Lower Platinum?

Short
FX:XPTUSD   None
Aware that we just published a possible Bull Flag formation in Gold but Platinum has not offered much the same. HOWEVER, price will dictate and at the moment we are leaning to a lower Platinum prices.

The 50 EMA at 1158.60 served as a good entry point to re Short Platinum with a stop loss at previous high 1185.3 (risk 26.7 points) with 1st target at 1122.60 (reward 36 points), 2nd target at 1086.5 (72.1 points) and 3rd Open target

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