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Bearish Engulfing Pattern

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Platinum Forecast: Buyers Defend Support as 1662 Becomes the Breakout Line
FORECASTS49D
Platinum Forecast: Buyers Defend Support as 1662 Becomes the Breakout Line
Platinum futures have moved back into a short-term consolidation area, keeping the recovery scenario alive after an earlier downside probe failed to gain traction. Technical traders are now watching 1662 as the level that could confirm a breakout and set the tone for the next leg higher.
FIBONACCI-RETRACEMENTJUNE-SELLOFFPLATINUM