SInce April, we've seen the price on a strong decline from $1,143 down to $843.
It then reached a low and has consolidated around forming a Triple Bottom.
The price has broken above the downtrend along with the neckline of the pattern.
This means, we are ina bull market.
But hold up. There are two ways this can go.
EIther the market continues to consolidate and move sideways which will be a drag holding onto platinum longs. Or the bulls will do what they can to push up and take us to the target.
With the Santa Claus Rally on the way and the positive sentiment reverberating world-side, I can only hope for the latter.
My first target will be $1,094.00.