Platinum price – Monday 8 January 2018

I’m going to do a daily platinum price prediction and see if i’m correct or wrong at the end of the day.

Today I think the dollar is oversold, the rand is also oversold ( I mean the rand is too strong against the dollar currently).

Platinum is heading for $970, actually that is where its at but this is where I think it will fall.

The resistance at $970 is pretty clear, although i dont really know how strong it is.

I got a couple of nice trades on platinum a few days ago.

I’m actually hoping that it drops to around 920 where I think its a good buy.

Please note. This is not trading advice, only my opinion.