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Platinum is recovering: Forecast as of 25.11.2022

From litefinance.org

After two surplus years, the platinum market has swung into deficit, a landmark event for the XPTUSD. Even more so because the world economy may turn out to be in a better-than-expected state. Let's discuss that and make a trading plan. Platinum is the only publicly traded precious metal that has fully clawed back the losses of 2022. And that's the last month's success for most commodity assets owed to the greenback's weakening amid the Fed's slowing down its monetary policy tightening. The first blow is half the battle! The swing in the Fed's mood can be the springboard for XPTUSD in 2023 as the platinum market ... (full story)

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  • Category: Fundamental Analysis