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
Your essential Precious Metal reading, please go to:
thebulliontimes.wordpress.com/
and
www.sharpspixley.com/
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
Your essential Precious Metal reading, please go to:
thebulliontimes.wordpress.com/
and
www.sharpspixley.com/