It is time to start considering a major platinum trade in either spot or $PPLT equivalent. The measured move target of $1300 is shown and I believe we can get there by March 1 2021.
Comment:
A closer look at the pattern forming on top of two major trendlines shows an ABC correction wave on the backtest.
Comment:
10YR seasonality is very clear for metals beginning sometime this week there is a move toward the end of the year that continues into late February or early March.
Comment:
I am a buyer on platinum at Month CAM S3 tag today. It's a thin market, and got dragged down at the Sunday open.
Comment:
We are a lot to reach 1200 today after finally breaking through the 55 month highest close. Target still set for early March at 1300.
Trade closed: target reached
Find the edge.
Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: www.youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: www.paypal.me/mortdiggiddy
Website: www.daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: www.youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: www.paypal.me/mortdiggiddy