On the 4-hour chart of the Platinum commodity instrument, the CCI indicator has successfully breaks from bottom to top where the three important levels -100, 0, & 100 have all been penetrated above even though it is currently in the range of 0 - 100 levels. This indicates that the #PLF condition is being dominated by buyers even though it is currently consolidating where it seems that in the near future the SMA (50) which is its Dynamic Support will most likely be tested, but as long as this weakening does not broken and close below the 960.0 level, the #PLF has the potential to strengthen again where the 1044.5 level will be the main target and if the momentum of strengthening and volatility support it, 1074.5 will be the next target.
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