$PL_F – Platinum – Has broken a head and shoulders formation Platinum is within a falling trend. Has also broken a head and shoulders formation. Continued negative development within the trend channel is indicated.

By comparison, industrial metals - namely Copper, viewable in the lower-right pane - are getting only a modest lift.  While PMs have a lot of work to do, they are still almost universally derided here.  Even if they aren't bottoming here - a prospect looking increasingly better - the recent double bottom each of them put in place provides a well-defined baseline against which to measure risk and place stops.  Copper, on the other hand, isn't capturing this momentum, with an ascending triangle that favors a corrective over a bottoming scenario.   -- AK