Platinum towards Key Resistance. Watch Closely for Confirmation
XPTUSD is approaching a significant resistance zone, an area where sellers have previously stepped in to drive prices lower. This area is a great zone to watch for potential rejection.If price struggles to break above and we see bearish confirmation, I anticipate a pullback toward the $1,010 level at least. In this recording I will be explaining in more detail why I think this is a possibility and what to look for.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation before jumping in.
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