Can Platinum Really Drop 30%?

Platinum’s chart looks extremely bearish. As shown below on the weekly chart it has formed a 3.5-years H&S Top. Furthermore, the right shoulder formed a 1.5 years consolidation rectangle and the magical 1400 zone, 1,375 to be exact has been able to support the metal until now…. If this zone is pierced decisively LOOK OUT BELOW !!! this plunge will be nothing compared to Gold’s recent decline and target will be 1,000….at least

platinum, gold, metals, bearish

Platinum Weekly

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