Long

PLATINUM Strong rebound on the 1D MA200.

We got a perfect bottom buy entry on Platinum (XPTUSD) last time we analyzed it (August 30, see chart below), with the price already halfway to our 1090 Target:

PLATINUM Strong buy opportunity at the bottom of the Channel Up.

As you can see, the price action is almost a perfect mirror image of September - December 2023. Now that the price has confirmed the new Bullish Leg with a strong rebound on the 1D MA50 - 1D MA200 zone (blue and orange trend-lines respectively), we can expect it to complete the pattern and complete a +20.86% rise, right where our 1090 Target is.

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