Platinum

Medium- term bear trend still in place :

On this weekly frame of Platinum, the wave counts explain the decline from the 1918.5 high, in an extensive W- Triangle X – Y formation as Intermediate wave (B), which its latest wave as Minor wave Y is extending to lower.

Based upon this explanation, the outlook remains bearish through the anticipated target at 952.9, where Y = W.

Platinum - Weekly

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