Here is an update regarding my previous recommendation to go long on platinum. I am still holding my positions and 2 below charts will explain why. On the daily chart , We have very critical support level at 927$ , So we might see a rebound here targeting 980$ and 1010$ and It will be explained using the 4h chart. we have 927$ playing as support many times on the daily chart going back to 23 sep 2015 and two times during feb 2016. On the 4h chart shown below , we have a trend line starting at 1200$ area and passing by many tops . we expect a rebound from 930$ till 983$ next week by 19/10 ...If trend line broken on that test , we will get to 1010$ area . If we didnt see a rebound by next week and test on 19/10 , we will see a test of trend line probably at 960$ area on 27-10
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