Are we at the bottom for Platinum? or is this is a another P&D? like the last few? The news feed is about supply adversity due to floods and strikes in S. Africa. 'Anda Ganda' ( newspeak for continued spin; or real events? ( actual or staged? effective or efficient ? )
The long rage growth in the trading volume, since Sept 2014 is noted lower left, doted trend lines. Comparing upper left and lower left I note: More trading, lower price. ( ? ) The long range trend was broken lately. Lower left, Red Square. Is that a signal? I think it is.
The downwards trend in the price of XPTUSD, Upper Left has the shape of disappointment for Platinum enthusiast. November '08 presents the lowest point, The Bottom Signal is derived from this.
Twelve years of trading has been divided into market chapters: descriptive nouns; From 08 onward: Recovery, Middle, Exit, Hope, P&D and Bottom. IS that a signal? I think so.
The market has experienced 'ups' and 'downs' . Between '16 to '18 it moved between 900 and 1000 for fun and profit. June '18, the marked entered a more cynical phase, moving tween 800 and 900. May '19 was bleak. The moving average for that point betrayed a lack of enthusiasm. I think that is related.
Why are we seeing the recent volume moving average braking trend? I note: The price of Au and Ag continue coupled, and disinterested in the everything bubble. Palladium price continues rising, independent of Au and Ag.
Is this latest move another P&D? Tomorrow might show us. It will be local Thursday, plenty has been made for the week; The D is an obvious move. Unless it is not. . .
At what point is any metals is a monetary metal. The latest move in Platinum is independent of the Au and Ag price, Does the new volume spike suggest new payers? new privet information? Is this a new market for Pt? If it is I would label it 'the Monetary market'. I suspect that is the true name of the Palladium market. Who is behind Pd?
The real problem is the largest complexity ever whiteness in any economic ecosystem known to human minds now or ever. Will this house of debt and interests reverts to first principles? : Metals are money when all else fails. Is Platinum to be liberated as Pd? I think it has to.
The latest surge in price and volume is surrounded in these traits. is it a new market? it might be.
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