Hey guys, there is an annual seasonal setup in Platinum which begins during the middle of December and extends until February/Early-March timeframe. The meat of the move seems to occur from end-December until mid/end-January though. While last years movement was fairly muted due to the weak capital markets, I am aiming for a $150/oz upside move this year. TP range is $1100-$1125 area. I scale into small longs vs. taking a single large position as the ranges in Platinum, can be quite large. You can also refer to this link for more info on the seasonal setup as well:
auctusmetals.com/imm...etals-in-december-2/
auctusmetals.com/imm...etals-in-december-2/
Trade chiuso manualmente:
Closed Long. Trend Reversal.