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I have no idea what the fundamentals are like for Platinum, however, I do agree that chart looks like a buy. Just looking at the range it has been in for three years makes it a strong buy.
I closed out my long platinum trade yesterday. I would have liked to have left a couple contracts long to see what happens but have some personal business that will be consuming much of my time the next couple weeks. Figured it was easier to close the trade completely with a nice profit. Cheers.
Closed half of the long position in the July platinum contract. I wanted to lock in some profit and possibly trade a pullback...but with all the metals ripping I didn't want to close the trade completely. The way metals are trading, I wouldn't be surprised to see platinum hit $1,110.
