FX:XPTUSD   Platinum/U.S. Dollar
Weekly Platinum             has created an inside day and a grave stone doji to end the week. This could indicate 2 scenarios that we will discuss below.

1st scenario
Is the metal ready to reverse higher and undergo a corrective rally? Only a break and close above 1123 will warrant a higher corrective rally.
One thing to point out is that this is a weak inside day since price has not cross below the Bollinger band .

2nd scenario
This inside day is a continuation pattern of the prevailing trend. We are biased to scenario number 2 since the other metals such as Silver             has yet to find a bottom. A break and close below 1087.50 then the metal is heading lower.

Therefore, our out look is that Platinum             will retest 1087.50 and could very well break below previous low of 1086.50 and head lower to 1065 and 1030 levels before mounting any serious reversal.
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