Peet_Serfontein

Platinum $ spot: correction unfolding?

Short
FX_IDC:XPTUSD   Platinum / U.S. Dollar
Below 1075 supports a bearish trend direction. Negate the stance for a break above this level.
Downside price momentum supports the bearish bias.
RSI leaves enough room for further downside price potential.
Might encounter some support around its 200-day simple moving average.
A break below its 200-day might target 975.

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