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Is platinum preparing to turn bullish while palladium moves lower?
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0:00Platinum· ticker
Platinum — down 1.6% weekly, bullish if breaks parallel channel and 200-day MA
- Platinum down 1.6% weekly
- Michael confirmed bullish view
- Interesting chart if breaks parallel channel
- Above 200-day MA around 1950
- Fibonacci level caught at 50
0:01Palladium· ticker
Palladium — down 5.7% weekly, trend line washed out
- Palladium down 5.7% weekly
- Trend line obeyed for while
- Washed out on Thursday/Friday
- Order around 1250 on palladium
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