ProFX_Strategist
Long

Platinum - Would be a great buy...

FX:XPTUSD   Platinum/U.S. Dollar
15 1 5
It is breaking pass the resistance nicely... (It should cross over 1040 with a blink...)

Few days ago I have been observing it (& expecting the price to drop actually - according to some rumors); but instead it seems to go higher ever-since (into strong bullishness)...

( Platinum             is an industrial metal whose price is determined by the supply & demand ; unlike the yellow metal Gold             , which is treated more like a unique currency in itself...)
I've been watching this also and it feels ripe for buying, agree. It seems to be supported on that 0,618 angle.
snapshot

+1 Reply
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