{"id":163993,"date":"2020-01-28T07:53:11","date_gmt":"2020-01-28T12:53:11","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=163993"},"modified":"2020-01-28T07:53:11","modified_gmt":"2020-01-28T12:53:11","slug":"the-platinum-breakout-bull-market-of-2020","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/01\/the-platinum-breakout-bull-market-of-2020\/","title":{"rendered":"The Platinum Breakout &#038; Bull Market of 2020"},"content":{"rendered":"<div id=\"inves-1429797362\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">January 28, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener noreferrer\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>Platinum has setup into a longer-term FLAG formation and has recently broken the APEX of this FLAG.\u00a0 The long term potential for Platinum, in conjunction with the advance in Rhodium, Palladium, Gold, and Silver, is a new Bullish Price Trend.<\/p>\n<p>Our researchers believe Platinum must move above $1200 for this new Bullish trend to anchor a \u201cBreakout Base\u201d formation.\u00a0 The current investment environment suggests a new metals rally is setting up.\u00a0 Fear is starting to take hold of the markets and industrial and manufacturing demands are still driving prices and supply demands higher and higher.\u00a0 As investors pile into the metals as a form of safety, we expect Platinum to rally above $1200 within the next 4 to 6+ months and begin a much broader rally to levels above $1600 overtime.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30530\" src=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2020\/01\/platimum1.jpg\" sizes=\"auto, (max-width: 876px) 100vw, 876px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2020\/01\/platimum1.jpg 918w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2020\/01\/platimum1-300x186.jpg 300w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2020\/01\/platimum1-768x475.jpg 768w\" alt=\"\" width=\"876\" height=\"541\" \/><\/figure>\n<\/div>\n<p>Demand for Platinum has increased because of two main reasons:<\/p>\n<p>1) Rapid increase in consumption in SE Asia<br \/>\n2) Increase in acceptance of fuel cells.<\/p>\n<p>As we learn more about the industrial and manufacturing demands for Platinum. It becomes evident that a new upside bias in trend may just be getting started.<\/p><div id=\"inves-3003275412\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>Traders need to understand and consider the opportunities presented by this incredible longer-term setup in Platinum.\u00a0\u00a0 Could platinum DOUBLE in price within 12 months?\u00a0 Could it TRIPLE?<\/p>\n<p>Follow our research to stay ahead of this incredible opportunity for skilled technical traders and learn how we can help you find great trades.<\/p>\n<p>As a technical analysis and trader since 1997 I have been through a few bull\/bear market cycles, I have a good pulse on the market and timing key turning points for both short-term swing trading and long-term investment capital. The opportunities are massive\/life-changing if handled properly.<\/p>\n<p>Join my\u00a0<strong>Wealth Building Newsletter<\/strong>\u00a0if you like what you read here and ride my coattails as I navigate these financial markets and build wealth while others lose nearly everything they own.<\/p>\n<p>Chris Vermeulen<br \/>\n<strong> <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener noreferrer\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>NOTICE: Our free research does not constitute a trade recommendation or solicitation for our readers to take any action regarding this research.\u00a0 It is provided for educational purposes only.\u00a0 Our research team produces these research articles to share information with our followers\/readers in an effort to try to keep you well informed.\u00a0 Visit our web site to learn how to take advantage of our members-only research and trading signals.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders.com Platinum has setup into a longer-term FLAG formation and has recently broken the APEX of this FLAG.\u00a0 The long term potential for Platinum, in conjunction with the advance in Rhodium, Palladium, Gold, and Silver, is a new Bullish Price Trend. Our researchers believe Platinum must move above $1200 for this new Bullish trend [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-163993","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=163993"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163993\/revisions"}],"predecessor-version":[{"id":163994,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/163993\/revisions\/163994"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=163993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=163993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=163993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}