Platinum (XPT) surged 2.89% in a technical rebound driven by oversold signals and short-term buying pressure. The up move looks limited, with the metal still trading below all its major moving averages and a broader bearish trend structure. Anton Kharitonov, expert at Traders Union, sees Platinum’s latest jump as a short-lived technical recovery. He observes that downside risks remain dominant, with bearish momentum confirmed by price action below major moving averages and weak indicators like MACD, ADX, and CCI. Absence of supportive news or positive sentiment further reinforces the vulnerability. Technical signals ... (full story)