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thillygoosth

When Platinum takes off, you want to be in it

Long
CFDs on Platinum (US$ / OZ) (TVC:PLATINUM)  
thillygoosth Updated   
TVC:PLATINUM   CFDs on Platinum (US$ / OZ)
Trend Analysis Chart Patterns Wave Analysis Platinum
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trendanalysis chartpattern waveanalysis platinum
In March 2008, Platinum reached just shy of 3000.00. At the same time, Gold was closer to 1000.00. Take a look at Gold now and also this nice flag on Platinum. I posted to buy it at 600.00, but right now it is setting up to produce a very large higher time frame candle. Remember this is for investing, not scalping.
Comment:
I would expect an expansion phase, meaning breakout of top trend line, then flush down. So if you notice Platinum looking bearish, that would be a time to buy. To be honest, I can't believe price has been held down this long already though.
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