kaotic363
Long

New Bull Starting in Platinum?

FX_IDC:XPTUSD   PLATINUM / US DOLLAR
A few interesting points about XPTUSD             and why it might be time to look at long positions:

1. 7-Year cycle in XPTUSD             is bottoming out right now.
2. We are seeing a backtest of the initial breakout similar to what happened in 2000-2001
3. XPTUSD             production is going to see major cutbacks moving forward from South Africa
4. Above ground stocks are winding down which has put extreme pressure on prices for the last 4 years
5. Should the DYX fail to breakout decisively over 102 before the end of 2016, then the ZARUSD             could strengthen.
Ta-Trade
13 hours ago
Looks good!
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