Platinum Monthly

Chart courtesy of Tradingview.com
The old "Sell in May and go away!" saying is not working these days with precious metals. Both Gold and Silver did very well, moving upside beyond recently unforeseen 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 hard time for the traders, as stops were hit both in longs and shorts, but what is worse is that most traders could lose patience and belief in the metal. Continue reading "White Metals: Buy In May And Go Away!"




