October platinum has continued to rise this morning, although some traders feel that the market may be unable to climb far above yesterday's high in front of today's FOMC meeting announcement. While labor unrest in South Africa continues to be widely viewed as the main source of strength for the platinum market, any disappointment with the Fed's actions later today may result in prices falling well below their recent highs. Other traders feel that as long as potential work stoppages can spread throughout the South African mining region, platinum should remain firmly within this current long-term uptrend.
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