GoldAddict

Platinum In Late Stage of Cup and Handle target $1195

Long
TVC:PLATINUM   CFDs on Platinum (US$ / OZ)
Platinum like silver is forming a cup and handle on the short to mid term chart. I expect a breakout to $1195 once the handle is complete. Silver is acting very similar to Platinum. Gold had already completed the short to mid term cup nd handle and now is in the process of a long term cup and handle to possibly complete its cup at all $1850 sometime in the next year or two. I believe platinum and silver will do the same but are waiting for Gold to confirm its longer term Cup and handle before they make there longer term cup and handle formations. All metals show a clear rounding bottoming formation overt the last 6 - 7 years. Gold is leading the way.
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