sugardaddyFED

Long Platinum after another pullback

Long
FX:XPTUSD   None
Platinum could meet strong resistance here - will d price action respect the downtrend line or a bottom is in and prices are ready to rebound higher?
watching the 1185 handle and if that breaks then Platinum could go higher as it will trigger an Inverse Head and Shoulder formation. Buy on pullback 1156 or breakout at 1186 target 1226 and 1256 respectively stop 1146.
Only a break below 1146 will allow bears to roam lower.

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