Platinum is currently trading within a well-defined channel, consistently respecting both support and resistance levels. A bullish divergence has recently emerged, adding strength to the case for a potential upward move. This divergence suggests possible buying interest at the lower boundary of the channel, which could lead to a bounce.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.