Platinum is extremely underpriced compared to gold.
Gold/Platinum ratio is at all time highs. Price action is currently in ascending channel and retesting the trend line that it held as support for 12 years before finally breaking it in 2020.
A gravestone doji candle has printed on the weekly timeframe:
The ratio can crash if gold goes up (platinum grows more than gold) as well as if it goes down (platinum drops less than gold). Which means that holding platinum right now is probably safer than holding gold and could potentially be more profitable.
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Gold/Platinum ratio is at all time highs. Price action is currently in ascending channel and retesting the trend line that it held as support for 12 years before finally breaking it in 2020.
A gravestone doji candle has printed on the weekly timeframe:
The ratio can crash if gold goes up (platinum grows more than gold) as well as if it goes down (platinum drops less than gold). Which means that holding platinum right now is probably safer than holding gold and could potentially be more profitable.
Like the idea? Press Boost!
Have an opinion? Leave a comment!
Nota
Gravestone doji confirmed.Nota
2 week chart. Hanging man candle:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.