ridethepig | The Recovery Of Platinum
For those tracking Platinum, we've seen a bullish break above the key 905 highs which is important in the basing formation. I am expecting Platinum to continue trading higher from here and actively buying dips.
Other Commodities are also finding a floor, see Copper:
Yields will continue to lead, this will remain the case as the USD has topped and most Commodities will break their bearish trend. The evidence is starting to come in strong that the major lows in Yields are here to stay:
Good luck all those in Platinum, pattern wise the important 905 will act as support and underpin the larger uptrend.
Other Commodities are also finding a floor, see Copper:
Yields will continue to lead, this will remain the case as the USD has topped and most Commodities will break their bearish trend. The evidence is starting to come in strong that the major lows in Yields are here to stay:
Good luck all those in Platinum, pattern wise the important 905 will act as support and underpin the larger uptrend.
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