sugardaddyFED

Platinum Bears Be Mindful

FX_IDC:XPTUSD   Platinum / U.S. Dollar
- Rather resilient as prices managed to consolidate below psychological barrier at 1100
- Elliott wave count say one more thrust of wave 5
- Wave 5 should equal wave 1 and our estimate is for 1140ish
- This could be a repeat fractal from previous low
- Looking for big resistance then if it plays out
- Next sell off is a big buy but we have to be patient

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