Platinum Futures
Short

Platinum: Breaking the Supply Barrier?

23
I'm adding a second Platinum position. Price has hit a strong weekly supply area, also a significant monthly supply zone. I'm anticipating a reversal here, as non-commercial holdings are decreasing, and seasonal patterns suggest a potential trend change. To further capitalize on potential upside, I've placed a pending order above the primary supply zone, at a slightly higher, but still relevant. These are older, established and fresh supply zones.

(Note: Reducing the chart size may help to better visualize the long-term significance of these overlapping areas.)


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