While July platinum prices have fallen back from their overnight highs, the market has risen more than $30 above Friday's lows. Platinum found support from positively received Chinese economic data, and from a Spanish bank bailout that will temporarily calm EU debt anxiety. However, many traders feel that platinum needs to see further progress from the Euro zone and perhaps more easing action from the Chinese or the US in order for prices to rise above their recent consolidation pattern from the last 4 weeks.