PLATINUM outlook
Platinum has broken above 50EMA and the descending Channel.
We now need to observe if this was a fake breakout. If the price remains above 50EMA and finds support above 1000, platinum is likely to go higher. We will need to observe Gold and Silver as Platinum does correlate
with both.
We now need to observe if this was a fake breakout. If the price remains above 50EMA and finds support above 1000, platinum is likely to go higher. We will need to observe Gold and Silver as Platinum does correlate
with both.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.