Publication Time: 11h45am
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Does Platinum Have A 'Silver Lining'?
Does Platinum Look Like Silver To You?
When?, Where? Before Silver's recent advance.
We've seen the pullback.
We are seeing a consolidation.
We are seeing improving candle structure.
We are seeing a reclaim of the short and medium term moving averages.
Some precious metals have run up.
Other precious metals are coming together, starting to act well.
On a multi-year basis, commodities have lagged.
In 2024, Platinum is expected to record a deficit.
Patterns don't repeat, but they can rhyme.
Silver Daily Chart
Platinum Daily Chart (XPTUSD)
To trade, contact the Unum Capital Trading Desk:
E-mail: tradingdesk@unum.co.za | Call: 011 384 2923
Lester Davids
Analyst: Unum Capital
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