hanzhao311

Platinum shorts should be very nervous here

OANDA:XPTUSD   Platinum / U.S. Dollar
2 Day chart shows price and StocRSI having hidden divergence while price is way above 200 day EMA. This is a sign of trend (up) continuation.

Plus, seasonality chart indicates that the month of Jan is traditionally a very bullish month for the metal with average 3%+ gain followed by a even stronger February.



Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
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