Platinum: A Shining Opportunity

Week Ahead: Worst Week For U.S. Stocks Since March; Yield Curve Flattens

Platinum: A Shining Opportunity

www.investing.com/analysis/platinum-a-shining-opportunity-200220695

Platinum: A Shining Opportunity

By Michael Dylan | Oct 24, 2017 10:25AM ET

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Platinum for the last eleven months has been consolidating. The low end of the range is around $890 and the high end of the range around $1050. The current low price is an opportunity to buy at the low end of the range. When the price rallies to the upper end of the range that will be a 15% profit, and that can be achieved in a few months. The downside risk is at most 13% and that is if the platinum prices go down to $800 an ounce. To limit the downside risk, commodity traders should not leverage more than 2 to 1.

Weekly Platinum

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Central Banks

Interest Rates

Next Meeting

FED

2.25%

Dec 19, 2018

ECB

0.00%

Dec 13, 2018

BOE

0.75%

Dec 20, 2018

SNB

-0.75%

Dec 13, 2018

RBA

1.50%

Dec 04, 2018

BOC

1.75%

Dec 05, 2018

RBNZ

1.75%

Feb 13, 2019

BOJ

-0.10%

Dec 20, 2018

CBR

7.50%

Dec 14, 2018

RBI

6.50%

Dec 05, 2018

PBOC

4.35%

BCB

6.50%

Dec 12, 2018

S&P 500 Futures	2,637.38	-53.62	-1.99%
S&P 500	2,633.08	-62.87	-2.33%
Nasdaq 100	6,613.28	-225.57	-3.30%
Dow 30	24,388.95	-558.72	-2.24%
SmallCap 2000	1,447.95	-25.34	-1.72%
S&P 500 VIX	23.23	+2.04	+9.63%
FTSE 100	6,778.11	+74.06	+1.10%
DAX	10,788.09	-22.89	-0.21%

Crude Oil WTI	52.14	+0.65	+1.26%
Brent Oil	61.31	+1.25	+2.08%
Natural Gas	4.501	+0.174	+4.02%
Gold	1,254.05	+10.45	+0.84%
Silver	14.705	+0.196	+1.35%
Copper	2.748	+0.005	+0.18%
US Soybeans	916.00	+6.00	+0.66%
US Wheat	531.75	+16.75	+3.25%

SPDR S&P 500	263.57	-6.27	-2.32%
VelocityShares Daily 2x VIX Short Term linked to S	53.07	+6.80	+14.70%
Invesco QQQ Trust Series 1	161.38	-5.51	-3.30%
Direxion Daily Junior Gold Miners Bull 3X Shares	7.47	+0.60	+8.73%
VelocityShares 3x Inverse Natural Gas linked to S&	50.83	-5.51	-9.78%
ProShares Ultra VIX Short-Term Futures	65.3600	+6.4900	+11.02%
ProShares UltraPro QQQ	43.41	-4.71	-9.79%
VanEck Vectors Gold Miners	20.2000	+0.4900	+2.49%

BTC/USD	3,638.0	-19.7	-0.54%
ETH/USD	95.63	+8.44	+9.68%
BCH/USD	106.25	+5.33	+5.28%
XRP/USD	0.30791	+0.00177	+0.58%
EOS/USD	2.0649	+0.3283	+18.90%
LTC/USD	25.250	+0.870	+3.57%
ADA/USD	0.032049	+0.001467	+4.80%
XLM/USD	0.12216	+0.00376	+3.17%

Platinum: A Shining Opportunity

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