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Is palladium starting to look better than platinum?
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ticker lesson
Breakdown
0:00PLAT· ticker
Platinum — downward trend, testing upper rail
- Platinum tested upper rail, failed to break through
- 200-day MA and top of parallel channel pivotal
- False breakout followed by triangle pattern
- Last week fell below triangle, not looking good
1:40PALL· ticker
Palladium — sideways after downtrend
- Palladium had downward trend line breakout
- Stopped radical downtrend, now sideways
- Chart looks better than platinum
- Waiting on gold for speculative entry
1:41Gold· ticker
Gold — bottoming out, influencing platinum/palladium
- Gold needs to put in bottom and perk up
- Speculators will nibble on platinum/palladium
- Platinum down below all moving averages
- Red line at 1,700 for potential nibble
1:42PALL· ticker
Palladium — sideways after downtrend
- Palladium had downward trend line breakout
- Stopped radical downtrend, now sideways
- Chart looks better than platinum
- Waiting on gold for speculative entry
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