Platinum costs have been buying and selling sturdy, however we now see essentially the most extraordinarily uneven set-up in algo flows throughout our international macro radar, TDS’ FFX analysts Daniel Ghali notes.
Window for promoting exercise opens subsequent week
“The window for large-scale promoting exercise will likely be open at first of subsequent week, and a big downtape may see CTAs promote a large -50% of their max dimension over the next periods. Conversely, a commensurate uptape will not result in notable shopping for exercise.”
“This set-up strongly favors continued draw back over the approaching week.”