Platinum is getting back in the trading range, the MACD is back in the positive and the trend is clearly up.
So you can consider taking a platinum long stop loss 1115. For the Dutch reader you can take a turbo long stop loss 1115.
Current price 1291.
Chart courtesy of: Market club tools for the trader
Platinum makes a nice move today from 1285 to 1315, so 2.33%. So if you took the turbo that I advised you would have had 8.81% of profit.
ReplyDeletePlatinum is trading now above several previous highs so you can keep your position.
Today you could take a profit of around 10% to 12%, that is very nice for such a short period.
ReplyDeleteBut I believe that after a small dip this morning the price can increase a bit further.