Trading Platinum from support

We recently took a short term trade in platinum going long as the commodity found support at $1531. Our profit target was $1610. As the dollar was expected to go weaker commodities generally go higher.

We held the short term trade in platinum until $1600 with a profit of $70 we were happy to close the long position.

For a bigger view of the above chart click on it.

Do you want to learn stock market trading?
-------------------------------------------------------------------------------------------------------------Stock Market Investment Workshops, ebooks and financial freedom @ http://www.newsweek.co.za Visit http://www.howtotrade.co.za/ if you want to learn forex to trade for yourself or if you dont have the time we can trade forex for you!