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Wednesday, May 20, 2015

Longer-Term Platinum and Palladium Trades to Consider


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Platinum Monthly

The old “Sell in May and go away!” saying is not working these days with precious metals. Both Gold and Silver did well, moving upside beyond recent resistance levels in May.
As seen in the above monthly chart, Platinum is still in a long correction from the summer of 2011 after it hit $1918. Platinum lost almost half of its price, searching for the bottom for the last 6 months. It was a…

The post Longer-Term Platinum and Palladium Trades to Consider appeared first on Vantage Point Trading.

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