Hi There.
A bright Decade ahead for Platinum.
The above chart is for Platinum priced in terms of gold.
Platinum / Gold Ratio .
It shows a falling wedge, and it's almost completed.
The Platinum/Gold Ratio had fallen from about 2.4 at 2007 to 0.6 today (2019) forming a wedge.
The lower part of the chart is the Percentage Price Oscillator PPO, it's a momentum indicator, and it's more accurate than MACD indicator.
Friend, do you see the positive divergence to the right?
While the Platinum / Gold Ratio move lower, the PPO indicator move higher, this indicates a reversal of trend for the Ratio, and an up trend ahead.
A Platinum ounce today equals a 0.6 of Gold ounce, it'll be worth 1.5 of Gold ounce in the coming years.
Buy Platinum, it's cheap today.
A bright Decade ahead for Platinum.
The above chart is for Platinum priced in terms of gold.
Platinum / Gold Ratio .
It shows a falling wedge, and it's almost completed.
The Platinum/Gold Ratio had fallen from about 2.4 at 2007 to 0.6 today (2019) forming a wedge.
The lower part of the chart is the Percentage Price Oscillator PPO, it's a momentum indicator, and it's more accurate than MACD indicator.
Friend, do you see the positive divergence to the right?
While the Platinum / Gold Ratio move lower, the PPO indicator move higher, this indicates a reversal of trend for the Ratio, and an up trend ahead.
A Platinum ounce today equals a 0.6 of Gold ounce, it'll be worth 1.5 of Gold ounce in the coming years.
Buy Platinum, it's cheap today.
Idea Berkaitan
Palladium Down !
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