Platinum back at DEC lows
It’s no surprise given that the Euro and Yen are all the way back as well. (8HR)
Possible massive inverse H/S on the daily chart. (D)
I am watching this final tight channel and the retest of the Year S3 pivot, Month S3 pivot, and inside channel as well. (2HR)
— Update —
Diving in here with one PLN2018 futures contract. Very oversold on 8HR and 4HR. Finally hit Year CAM S3 and another big channel retest.
Plat so unloved. Is it the cheap gold play?
It is many times. Platinum is more volatile than gold and has NOT held up well weathering this DXY move from the lows.