Long-term Platinum Analysis

The chart shows that the price of platinum is at a very low level, according to the COT report analysis, it shows that compared to the previous publication, the number of open sales positions increased, but it is much smaller activity of sellers than in previous reports. This may mean that the downward trend is coming to an end. An additional factor to buy can be the fact that the price is at an important level of support. This in combination with COT reports is a good basis to buy.

Warning
This is a long-term forecast, it does not mean that the increase will take place immediately.
In the case of long-term investment, I encourage you to use ETFs, for example PPLT.US (ETFS Physical Platinum Shares)