Platinum Back over $1000

Discussion in 'Platinum' started by 1for1, Mar 7, 2016.

  1. 1for1

    1for1 Well-Known Member

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    Platinum is racing at the moment, up about 20% on the year, if you own any and your like me chances are you purchased it when it was worth more than gold.. right now a ratio trade would be a good one :)

    How long till Gold and Platinum reverse again i wonder?
     
  2. finicky

    finicky Well-Known Member Silver Stacker

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    Yes, noticed that the platinum chart has been rallying off the same level (sub 860) that it recovered from in the GFC.
    Some might call it a double bottom that could be occurring.
    First time price has got above its 200 day moving average in many months, but 50 dma has not caught up with 200 dma yet.
     

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