Platinum prices surged higher today as did all precious metals. My weekly 8oc indicator triggered a buy signal last week when the 8MA close ended the week above the 8MA open. Signals are only valid at the end of each price bar because they can move back and forth during the price bar but that would not be indicative of a change in trend until the bar is over....
I seen PL. has an increase in contracts every time this drops. am already a bit negative in shares position but is fine I think it will reverse at those levels. 9.25 and 8-9 level.
I modified two scripts to plot Jake Bernstein MAC and Williams A/D. PLTM is bullish on weekly and daily time frames. Swing buy at the bottom of the channel ($10.75).
During the devaluation of the world currencies, gold has been showing a typical stable growth (yellow). Silver acts hyperbolic as it is the more volatile asset with a high risk being overvalued currently (gray). Platinum shows a strong candidate of being undervalued; it is the rarest metal with a stable demand (teal). Palladium might look attractive, but since car...
GraniteShares Platinum Trust engages in the business of issuing Baskets in exchange for the platinum deposited with the Custodian as consideration, selling platinum, and delivering platinum in exchange for Baskets surrendered for redemption. The company was founded in 2017 and is headquartered in New York, NY.
NYSE Arca
