sugardaddyFED

XPTUSD - Daily Technical View

FX:XPTUSD   Platinum/U.S. Dollar
We covered all short positions made at 1150-1160 level at 1125-1135 level.
Once again, price found support on that Green trendline - a rising higher low made since 2015 low of 1086. This further suggest that Platinum             is also trading in a Symmetrical triangle pattern with a biased for further downside.

1) Break above 1186 we will go long
or
2) Break below 1115 we will go short to target previous low

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