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Platinum / U.S. Dollar
Long

Platinum Long Idea

By bhowe
Updated
Looks like Platinum is breaking out today. typically Platinum tracks with GOLD. Platinum hasn't moved higher with GOLD, until now. Hopefully it has a nice big run higher like GOLD did. Platinum ICL. I am trading the Platinum miner PLG to take advantage of this move.
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Looking for PLG to break out of this megaphone pattern.
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Platinum tracks gold pretty closely but didn't get the recent move higher like gold did. I expect Platinum to play catch up over the next 2 weeks. I am using PLT to trade this but PPLT works too. Thanks arpi for bringing this to my attention.

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Trade continues as planned
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Bought PLG this morning. SBGL already owned.
Chart PatternsTechnical IndicatorsminersPlatinumPLG
bhowe
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