Platinum is the bellwether for the Fourth Industrial economy
Green hydrogen is the battery for the storage and transportation of wind and solar energy; and platinum is the chief catalyst for both the generation by electrolysis of green hydrogen from solar and wind energy; and the reverse reaction in the fuel cell.
Here I have a section of the longterm platinum chart in log: comes down to recent PA
We can see it is respecting the longterm geometry perfectly
Since the corona low it has made a high and it now attempting a higher low; the golden pocket should again provide good support
The purple median line should act like a magnet to prevent and further big drops near term- I believe the higher low is in; and I’ll be buying here. A sensible stop would be around the last low. I don’t use stops.
NOT TARDING ADVICE
GR Industry 4
PT1 = 1500
PT2 ATH
Nota
Big picture also in log
Nota
Upmove and downmove occurred in the same time window
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