TheTradingRoom

Consistent gains being achieved in the XPT range.

OANDA:XPTUSD   Platinum / Dolar A.S.
Price equiblibrium continues in XPT and has provided us with many solid wins over the course of the last several weeks.

We expect this momentum to continue with one of two things taking place this afternoon.

Looking for a breakout and retest of the range median for a continuation to the range ceiling or alternatively a rejection of the median zone, retest of the bear anchor point and then a run down to the range floor.

Either way, price is at a decision point and its time yet again to get ready.

Penafian

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