PLATINUM AND PLATINUM/GOLD RATIO
Platinum continues to get hammered in every witch way possible. This should be a tremendous opportunity for some long term longs.
The chart on the right is the Platinum and Gold ratios. This chart only goes back to 1998 or so but if you can find a chart going back further, you'll find that PLT and GLD ratios multi-decade is around .68 - .75. This is a BIG buy signals for those that understand ratios!
I'll buy platinum and continue to buy it against 670 with targets over the 1000 price tags. Who knows, this might even set the floor for Platinum.
Like and comment and do your boi a favor and FOLLOW if youde like more trade updates and ideas!
The chart on the right is the Platinum and Gold ratios. This chart only goes back to 1998 or so but if you can find a chart going back further, you'll find that PLT and GLD ratios multi-decade is around .68 - .75. This is a BIG buy signals for those that understand ratios!
I'll buy platinum and continue to buy it against 670 with targets over the 1000 price tags. Who knows, this might even set the floor for Platinum.
Like and comment and do your boi a favor and FOLLOW if youde like more trade updates and ideas!
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