PLATINUM Golden CrossRecently platinum has broken the downtrend, and made a nice upward move setting up this golden cross on the weekly chart, its as simple as that.. upsides can be expected as a result of this. Happy New Year from Australia :D
Platinumetf
Platinum: TA for VIP memberHere's requested TA for one of our V.I.P members. We're don't trade this CFD so this is purley technicals on the fly. Plat is one where you have a falling wedge that could develop and a break above the upper trendline that could be of interest. For now its choppy and the risk is in the immediate future since we're still declining in the longtime time frame and that will continue to fall to the downsie (ownside break). Trade at your own risk!
Platinum ETF Platinum is looking ready to explode (go look at my Platinum chart) and PPLT is slowly following platinum.
I'm bullish over the medium-term
