SIGNAL TERMINATED – SPREAD GOLD SHORT PLATINUM LONG – TAKE PROFIT
CA analysts are closing the Platinum versus Gold spread from 20/11/12 with more than 180% return on investment. They continue to monitor the situation and prepare for further correct timing.
ORIGINAL TEXT: Spread Gold Short | Platinum Long. The platinum versus gold intercommodity spread, which has been tested for years, has once again reached to CA analysts this year. Buying a platinum contract and selling a gold contract has an incredibly successful seasonality from November to March. In terms of fifteen years of history, this spread can boast 80% success. Of course, everything depends on the right timing. One commodity covers the other in a 1:1 ratio. The historical profit for the ratio of buying 100 oz of Platinum to selling 100 oz of Gold is 3574 USD for futures, or about 20%. This value is also the amount of an interesting profit target.
Charts source: WebTrader