Platinum Follows Gold Higher

IB Times reported platinum futures followed gold higher in trading as a rally in precious metals continued to show signs of strength.

As quoted in the market news:

Platinum remains at a historically steep discount to the price of gold, but managed to narrow the gap during the latest correction. Autochartist has identified major trend line support on the 240-minute platinum chart which warrants close monitoring for determining near term direction.

Click here to read the full IBTimes report.