Platinum expected to fall to 780 area

XPT seems to continue to form LH's & LL's which would suggest that it would continue to drop to around 780.990.

Let me know what you all think?

Transaction en cours

Trade fermée manuellement:

SL HIT

Commentaire:

(For my journal) If I had placed a support at 790.70, I would've been able to recognise the reversal, as a bullish engulfing candle formed on the rounded bottom which pushed the market up, followed by a consolidation for a couple weeks. 790.70 is a significant zone as price tested this area again creating a doji pushing price back up again.

Always mark highs and lows.