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Platinum Price Forecast - The Forgotten Metal
Nowadays, finding a bullish outlook for platinum is as rare as discovering the metal itself. I think this is about to change as prices recently validated a bullish breakout. 10-YEAR CHART- Platinum bottomed at $755 in 2018 and launched into a series of higher lows and higher highs (the definition of an uptrend). That progression conquered the multi-year trendline and validated a bullish trend change. Sentiment remains depressed – it seems we have a new bull market, but nobody cares. Note the record breakout volume in September (bottom). DAILY CANDLE CHART- After peaking at $1000, platinum is correcting into an ... (full story)