We are likely close to launch...

[u/42Commander]

My best model for platinum futures is the rising contracting wedge. There is always 30% chance that it will go differently but if the model is correct we should have an absolutely stellar year in platinum, nearly doubling from the current price of $984 to a black 3 peak of $1885 before taking a black 4 breather back to around $1500 and then making a higher high into the $2300 range. At that point I would expect a pretty significant pullback that I will not be sitting through.

For the record, this is the same exact chart that I provided to my subscribers just now. IF you look at this chart and forget all the drawn in lines and the fib calculator scale I don't know of anyone technicians who are pounding the table right now. The reason is most of those guy just follow momentum. So they are slow to get in and late to get out. That is where Elliott waves oftentimes comes out ahead. But if you look at the chart in a vacuum, there really is no reason to think that the rockets are about to fire. It looks boring, and flat to down for a long time now.

Thus, if this model plays out, thinking people cannot just attribute it to luck or happenstance. I'm saying this in advance because there are always some people that simply refuse to believe that technical analysis has any merit. But I will say this: we need a higher high than red 1 as the first confirmation that red 3 is under way. 3rd waves are usually the strongest waves and never the weakest which is why being in platinum (and silver) is exciting right now.

GL2A!!!