Platinum is unfolding a five-wave drop down from the 890 area, which is the first sign of a completed higher degree (a)-(b)-(c) pullback, and that a change in trend is in progress. Possible support for sub-wave (i) can be near the lower corrective channel line (840/830 region), from where a pullback as wave (ii) may show up.

Bear will be confirmed only below 820 level.

Platinum, 1h

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