Hi everyone:
Also keeping an eye on Platinum (XPT), as we can see some bearish price action on the higher time frames perspective.
After the impulse phase, price has developed into an expanding structure, within few swing highs and lows.
We can see a double tops, rejecting the price, and a bearish move down.
Latest development shows a smaller consolidation, and could lead to another bearish impulse phase down.
Watch on the lower time frame development to confirm the sell potential.
Thank you
DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.
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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.