Gold and silver have been the focus in the precious metals space but platinum just bounced off of 55DMA and broke out of a bull flag. The percentage gain these last few days has easily outstripped gold and silver. Depending on how conservative you are, we could land at 1400, 1650 or anywhere in between. 1400, 1500 and 1675 have all been significant areas of...
For the record, I hold both and I'm a fan of both. It's no big secret that Ether is a huge performer of recent weeks and has some great potential upside in it. Silver has been consolidating but was coiling for a breakout even before the silversqueeze campaign. (One of my other charts shows how that has kicked off). We're showing signs of exhaustion on XAG/ETH so...
A few quite prominent analysts have bashed the idea that the campaign is behind silver's ascent, saying it was due a breakout. It is true, Silver was due a breakout as was Gold. Platinum has arguably broken out and fallen away. As the chart shows, I think Silver would have been slapped down like the other two (as has happened several times in the last few months)....
