The metals have been sliding since last week and platinum is no exception.
However it looks very supported around 945$ and it looks like a nice chance to go long on metals now ahead of the FOMC minutes later today.
Platinum has strong resistance at 970$ ahead of 1012$ .
Platinum has been not able to stabilize above critical level at 1064$ and it has been a very good short position.
Looking on larger scale , international economy is not doing well and the banking sector is facing alot of challenges.
So metals are always a good hunt if we are going into risky mood.
A weekly close below 940$ area will open the road towards 895$ .
