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Platinum / Palladium Ratio Breakout from Falling Wedge
Platinum Futures
Long
Platinum / Palladium Ratio Breakout from Falling Wedge
By cccpKGB1
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Aug 30, 2019
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Aug 30, 2019
Weekly chart Platinum / Palladium ratio.
Clear sign of a breakout / retest from the falling wedge after testing all time lows from 2001.
Supports continuation of platinum bullish breakout.
Will post long term chart in the comments to show potential upside.
Price of platinum broke above two key resistance points today.
Extremely undervalued from a historical standpoint.
PL1!
Platinum
Supply and Demand
Trend Lines
Wedge
XPTUSD
cccpKGB1
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