Trading Platinum (XPTUSD)

Research Notes For 19 to 23 May > https://www.unum.capital/post/r1923may

Trade Local & Global Financial Markets with Unum Capital.

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Three month ago (16-February) we discussed the long term setup on Platinum, highlighting the potential for a breached of the downward trend. Yesterday we saw some outsized moves in the metal (along with Palladium). Month-to-date XPTUSD is higher by +9%.

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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