The precious metal has validated another bearish head/shoulders formation on the daily, hoping to come back from a seemingly oversold condition. Disclaimer: This is an educational post. It is not any form of investment recommendation!
Precious metals are in a critical juncture. Platinum’s rounding top is calling for extra attention. + Disclaimer: This post is informative only and it is not any form of investment advice
Platinum within a long-term descending triangle that -also given the disappointing underperformance to the other precious metals- offers good opportunities to fade any significant rally. chart: investing.com
Platinum bulls try hard to create a bear trap on the monthly. For this they need price to stay above 800. Things are not funny at decade-long lows. source: Investing.com
Platinum respecting the downtrend line pricechart: INVESTING.com Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The presented material does not constitute investment or trading advice. The presented material has no regard to the specific investment objectives, financial situation, or particular needs of any viewer. I bear no responsibility for […]
Platinum just below the confluence of the 100 and 200-day SMA
Petros Steriotis on INVESTING.com: Content from http://www.investing.com Please read the Disclaimer!
Platinum price very likely to test the $800 level next. Platinum (7 years) Chart courtesy of http://www.StockCharts.com Please read the Disclaimer!