dchua1969

What's next for Platinum ?

Long
dchua1969 Updated   
OANDA:XPTUSD   Platinum / U.S. Dollar
Platinum has reached a critical resistance area at 1028.925. Feb 17, Sept 17, Jan 18, 3 times it tried to break up but failed. Will this 4th attempt be successful ?

Well, it is still riding nicely on the bullish trend line and charging up. It could break up the 1028 level and continue its bullish move OR have a minor correction to around 1000 price level before rebounding.

To buy, wait for it to break out and close above 1028.

Trade safely, always have a SL and manage your risk and capital accordingly. GBU
Comment:
Last candle show some bullish signals , taking a small nibble to long
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