It's quite encouraging to see that platinum is holding up above the 1,000oz level. Where to from here We expect it to track gold.
More Quotes from Alan Williamson:
If the market can absorb such a weight of selling, then just imagine what will happen if the funds begin to reinstate long positions.Alan Williamson
I can't imagine anybody taking any aggressive position for the rest of today.
Alan Williamson
Wherever the numbers fall, they fall. I am hoping they fall in my direction. Seven votes brings to mind that every vote does count.
Alan Williamson
There is very little happening and we're seeing thin volumes today. The market lacks direction it may continue trading sideways.
Alan Williamson
Sentiment towards bullion remains overwhelmingly bullish and further short-term gains are likely, ... A move up towards the February 1983 high of 509 an ounce seems the obvious target.
Alan Williamson
The sharp price falls have seen the beginnings of some bargain hunting by consumers and investors, although whether this will be enough to turn the markets higher remains to be seen.
Alan Williamson
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