Platinum / U.S. DollarUpdated Platinum is at the triple support
Platinum hit the triple support: weekly S2 pivot points, green lower band of up trend and horizontal band from long-term price action. Platinum is so cheap compared to historical prices and gold. It seems that 
NDX vacuums some money from commodities and crypto, but stock market is close to a correction which may bring some money back to commodities. I expect XPTUSD would over-perform Silver and Gold.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NDX vacuums some money from commodities and crypto, but stock market is close to a correction which may bring some money back to commodities. I expect XPTUSD would over-perform Silver and Gold.Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Note
We got a great 4h green candle. Let's see if the price action will stay positive.Note
Yesterday, price action showed a reversal candle. It seems that the money sitting at the side channels has started to flow into the more risky markets. Commodities will benefit from this as well.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.