In my opinion Platinum is under pressure. It looks like its wants to roll over and correct and it will if momentum does not get it going. It may bounce off of the former resistance turned temporary support. but that seems unlikely. If it does i still think it will sell off and go lower.
Platinum's long term direction remains up. It will be nice place to form a base and launch pad for those eventual higher highs. Right now Gold and Silver are at the helm of metals, rightfully so, and i believe they me be a great indicator for other markets.
Short term bullish, medium term bearish. Long term Bullish.
Platinum's long term direction remains up. It will be nice place to form a base and launch pad for those eventual higher highs. Right now Gold and Silver are at the helm of metals, rightfully so, and i believe they me be a great indicator for other markets.
Short term bullish, medium term bearish. Long term Bullish.