meszaros

Before the XPTUSD rise...

Long
OANDA:XPTUSD   Platinum / U.S. Dollar
Before the XPTUSD rise. It is worth a few moments to deal with the price of platinum. Platinum mines in South Africa are extremely low priced. Slowly this can turn out. At the same time with the strengthening of platinum and palladium. The price of XPTUSD has come to a consolidation stage. It has a low ATR, so too much movement is not expected in the future either. Still, I'm waiting for a stable but slow increase. The rise of the first two wave structures may be around 1 W1 ATR. A significant increase is expected in the third wave structure. It is likely to be a rise in momentum. The target price for the third wave structure may be around 1022 usd.

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