Hubenour

Metals overheated! Two "P" (platinum and palladium) likewise

Hubenour Updated   
NYMEX:PL1!   Platinum Futures
0
Open interests for precious metals are sky-high and Commercials are ensuring themselves against decline prices like crazy.
With all the guaranteed advice for buy by proffesional analysts over the internet right now... I would rather wait with buying for couples of weeks from now...
Comment:
Price break below $1000 (demand zone and round number). Scenario is out of date and Analysis was successful.
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.