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Platinum: Pennant

XPT/USD, 4 hours    SHORT Nov 6
A pennant is spotted, the price calls for a next bearish action to confirm pennant breakout. A pennant can be thought of as a compelling bearish signal that often predicts prices are likely to keep falling downward if price breakdown occurs. XPT/USD does not rule out a move towards 920 on a downside break as the commodity keeps the bid tone.
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