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Platinum: get rich or die trying

Platinum (and palladium) are crashing all of the sudden.
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We must learn who is gold, and who is gold plated
Platinum looks to be in a small uptrend, which needs to move above the box resistance to signal a clear uptrend, which lasts till the red trendline on the chart is holding.
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Gold/Silver Gold/USD
Platinum CME futures selling off hard today:
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We must learn who is gold, and who is gold plated
Quoting EventsTrader
Platinum CME futures selling off hard today: {image}
After the big drop last Friday, PL futures are rebounding, outperforming its precious metals peers. Here's a gold/platinum overlay with platinum in pink (CME futures):
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We must learn who is gold, and who is gold plated
  • Post #25
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  • Last Post: Sep 17, 2021 5:45am Sep 17, 2021 5:45am
Quoting EventsTrader
{quote} After the big drop last Friday, PL futures are rebounding, outperforming its precious metals peers. Here's a gold/platinum overlay with platinum in pink (CME futures): {image}
Just my suggestion but you're better looking at a Platinum Ratio chart against Gold if you are trying to compare value. Here is one for you and it does show historic lows for the Ratio. Calculated out it has a 3 -4 times movement and represents a better trade than gold.
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