GOLD TO PLATINUM RATIO JUST BROKE THRU A 33 YR RESISTANCE LINE!

18 ביולי 2015

Platinum, having recently broken thru it's USD, 13 year supporting trendline in late September 2014, has now just also breached an almost 33 year old resisting trendline when priced in gold. This happens against a backdrop of some recent bearish moves in gold's USD price. This has for the most part dragged down with it & with much greater effect both Silver & Platinum. How far it goes on thru this trendline before it hits resistance again only time will tell. That said a look back on previous breaks of resistance hint toward quite a move before that is found.