Platinum Makes A 10 Week High
As you know I've been bullish on Platinum based on its relative strength versus Gold and also because it's in a long term uptrend. Earlier this month I posted a chart of
Platinum vs Gold and you can see that chart by clicking here.
Platinum appears to making a move up and has made a 10 week high. Platinum is clearly the strongest metal and my upside target for this market is the highs from March.
1 comment:
Hello Kevin,
I have observed Gold for the last two weeks and I am about to take a position. The two weeks of May were a little bit shaky but the break out happened on the upside. The Financial are slowing down one more time (see XLF/XBD). Your position in Platinum was very judicious and very well done. I recognize a man of "experience".
I wanted to ask you a question. Have you added any positions in Shipping? I have enjoyed a good uptrend for FRO and OCNF however these two are "extending" themselves.
Thank you
Remi
Remi
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