The absence of chart resistance points and persistent investorfund demand leaves platinum with plenty of scope for gains in the coming sessions.
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It's a well-intentioned but wrong-headed policy. I think eventually hybrids would penetrate the fleet to a sufficient extent that carpool lanes will no longer be offering any advantage.James Moore
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Gold is looking set for more sideways trade.
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This week could prove quite important for gold as speculators decision whether to probe higher or to continue locking in profits.
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Platinum should continue to find support ahead of 940oz with the metals supply deficit and strong industrial demand continuing to provide strong support while palladium is currently finding support at 240oz with strong chart support pegged at 220oz.
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Gold looks set to remain in its current uptrend for the moment, with fresh investment interest keen to drive the market higher.
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