Platinum- Target reached, now what

2021년 12월 2일

Three weeks ago I said that Platinum is trading in a rising wedge pattern and a break of this pattern can lead to losses and to a break under 1k important figure.
Platinum didn't disappoint me and it reached its target at 930.
With great selling pressure on PMs (Silver&Gold) we can also see this support falling and 850 can be bear's target.
Sell ralliers towards 970 can be a good strategy and only Platinum back above 1k would put a pause in this scenario.