The Platinum market has drifted back from this week's highs, and holding onto to a large portion of recent gains.
Jan Platinum continues to have choppy and volatile trading this week, but some traders feel that prices have reached their highest levels since late September by finding strength from Global equity markets.
Improving market sentiment is also widely expected to provide support for Platinum, but there are some in the market who feel that Platinum prices are still vulnerable to a risk flare-up from the EuroZone.
Paul A. Ebeling, Jnr.
Paul A. Ebeling, Jnr
Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster's Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.
Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.