Platinum key support bounce expected
Platinum is testing a key long-term support 900 and is forming a falling wedge. A break below 900 will accelerate the downside extension of the recent swing lower but we are expecting a bounce from this level; as the price action is showing signs of a squeeze. A break above 950 is required for the upside reversal and another retest of 1050.
Note: look for the long trade entries with the stop loss below 850
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