NYMEX:PLN2022   Platinum Futures (Jul 2022)
Contract JULY 22.

Platinum appears to be struggling and has retested C. The 20 simple moving average has crossed down through the 50 which is a negative. Positive moving average crossovers as well. This is not to long entry level today.
Targets 1 is large type. Target 2 in small type if targets 1 are surpassed.

Possible stop below C. Target is D. ABC Bullish is a simple pull back pattern. C should be above A or the pattern is not valid.

Looks like a Long and waiting on this to move.

No recommendation.

Feragatname

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