Platinum: Long Term Bullish But S/Term Momentum Waning + Extended vs 8-Week EMA + Consolidation Expected

Research Notes For 23 to 27 June > https://www.unum.capital/post/r2327june

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Previous Post (17 June): Platinum Trades Above $1300, A 4-Year High; Long Term View Unfolding

Four months ago (16-February) we discussed the long term setup on Platinum, highlighting the potential for a breached of the downward trend. Over the last few month we have seen outsized moves in the metal, taking it to a 4-year high, crossing above $1300.The original post is shown below.

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Previous Post (16 February) Platinum: Zooming Out

Weekly Chart - Constructive - Potential Change of Trend

Lester Davids

Senior Investment Analyst: Unum Capital