Platinum and Copper

We carried Platinum bottoming view starting Nov 2008 from near 800 levels. We expected prices to hold primary supports. Prices not only held respective levels, but also have pushed 37% higher from 2 Nov lows at 732. And if the momentum signals are to be interpreted correctly, prices could push higher till 1,100 before anything.
A similar MINOR and Intermediate positive scenario exists in Copper. We have RSI momentum over reactivity and overlapping price formations which validate our positive case.
About GOLD. Prices have moved back near psychological 900 levels. Though the form looks impulsive, a clear five up, we are not convinced of an intermediate reversal on GOLD yet. A best case above 900 suggests 940. But first we will wait for a clear break at 900. We will need more than the current ongoing price formation to start looking at the larger up move on Gold till 3000. Even the Gold Spot and Futures in India look topping despite reaching historical highs.
Silver continues to push up as anticipated. Above 11.10 we are looking at 12.57.
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