Eoin's personal portfolio: stop triggered in precious metal position
I had placed a relatively tight stop on my platinum position and it was triggered early on this morning’s intraday spike lower which was quickly reversed. My position was closed at $1079.6 against my original purchase at $975.3 on June 3rd which was rolled forward into the October contract at $968.7 on June 23rd.
Platinum is still relatively undervalued compared to gold and I will seek to re-enter the position if prices pull back towards the mean.