Platinum bounced several times from big support level and I think the main trend has already shifted. I think we will test ressistence at about 850 and then it will take some time before price will be bouncing between 900 - 1030, but it is just matter of time, very nice setup IMHO.
Comment:
Platinum broke that strong trend line, volume is decent, so I think that main trend has shifted and we can hit the target in few weeks.
Comment:
I think, that correction is almost over, we should deffinitely see bounce from support at 816. Then the third, strongest wave in currect uptrend should came.
Trade closed manually:
Well, the upwards momentum is fading and despite we are above the big support, above 900, COT report became bearish very fast, so I am not sure about current situation - I took nice profit and I am out of it.