Platinum
AAL.L (Anglo American Plc) target 2,100 from weekend quote $1,69**Defensive stock to consider is AAL.L (Anglo American Plc) quoted AUG-17 $1,698.**
Reason being XAU / USD (Gold / US Dollar) prices have elevated and appear poised to continue to range above $1,400 with a 1-3 month outlook. Dividend growth (5% yield) reflects metals rally and may continue. Market cap 23.5-BLN means it is quite defensive as pure equity play. **Debt only 3-BLN. Earnings 8-BLN. Assets exceed liabilities greatly.**
**"Industry: Industrial Metals & Minerals**
Full Time Employees: 64,000"
Gold on the rise, global growth slowdown may not reverse trend in production cost which could lead to Platinum rising in shadow of Gold; versus the US Dollar.
Company (AAL.L) revenue rose dramatically more than cost of revenue since 2016 (3 years), an advantage offered by the current market climate (inflation lacking) I deem. Liabilities being much less than assets makes this an indestructible defensive play.
**Platinum group metals are in a strong bullish trend, being rare basic industrial materials this may continue.**
"Platinum group metals" includes: Platinum, Rhodium, Palladium, Iridium, Osmium, Ruthenium.
Long-term copper price risk is to the upside. Refer to recession '08 Copper prices.
**"Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys."**
**Nickel is up 20% in the past 3 months.**
Credit Suisse upgraded to "Outperform" from "Neutral" 5/3/2019. Today is 8/17/2019.
**AAL.L (Anglo American Plc) target 2,100 from weekend quote $1,698 for a 23% difference** and a duration of 1-6 months, **estimate 2-3 months**. This creates possibility of receiving its' dividend of approximately 3% in addition.
xptusd We can see a potential dragon pattern emerging on the platinum chart. It has already hit the first target of 0.886 and based on the most recent retrace there is a possibility of an AB=CD continuation . Next targets are 1.13, 1.272 and 1.68 extensions however dragons can easily fly to 2.618 or even higher. Failing @ 920 level (or lower) will invalidate the idea.
Platinum: Top investment for the coming years.In our search for solid long term investments in the coming years we have decided to share our long term outlook on Platinum.
Technically it recently broke above a 3 year Falling Wedge turning bullish on the monthly chart an effect that has since receded as it pulled back on the 1,000 mark (RSI = 50.285, MACD = -8.660, ADX = 25.926, Highs/Lows = 11.4571).
If the 1W MA50 holds this pull back and another spike prints a Golden Cross, then we may come across a unique multi year buy opportunity on Platinum as most parameters will be similar to the late 90's Golden Cross pattern when the metal entered a hyper strong Bull Cycle. The target will be 2-3 times the initial value.
We wish to add at this point that Platinum has fairly reliable pointers both on the short and long term and thanks to that most of our latest XPTUSD signals have met their target on high quality patterns. You can get an idea of those below:
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Commodities are Getting Ready to POP!!Gold typically leads commodities by a few months and so given the surges and breakouts in gold, silver, and platinum, I think the CRB index is next.
Looking at the chart, its clear this is a chart that has been gradually shifting in trends. In my opinion, most of the heavy selling is over. CRB index has been forming a sexy looking base and looks like it could begin surging. Timing wise, this coincides perfectly with the Fed & central banks globally beginning new easing cycles. Its still early, as the breakout has not started, but its looking ready to get its first real pop sooner rather than later. In my view the CRB index presents tremendous value over the next several years, especially now at these ridiculously suppressed prices.
Easy buy signal on PlatinumBounce off of Fib, and trendline. This is going strong bullish run. This was an update to my previous post. to buy back in upper 700's
Platinum, interesting descending trianglePlatinum was the king of metals just a few years ago (in terms of price, not at all market cap!)
Gold has since then delivered a knockout to platinum and showed once again that gold = the true king.
The gold/silver-ratio shows that silver and other alternative metals are outpacing gold in this recent rally and that a shift might be emerging.
With all the global economic panic, negative yield-crisis, stock markets being in a parabolic bull run for an overextended period of time now. Precious metals will be more and more interesting to watch everyday.
Platinum however has been somewhat shy this rally. Looking at the chart we can see a descending triangle in the making for about 10 years!
I know a descending triangle is often a bearish sign.. but.. Looking at the 50 month moving average we can see that the price of platinum is trapped between this ma and the upper trend line of the descending triangle.
This makes the change of a break upward very very likely in my opinion.
Strategy:
I am deversifying my gold holdings (for long term) in silver for a good swing trade on the gold/silver-ratio and i am also taking a close look at platinum.
If the 50 month ma is proves itself strong and platinum breaks above 1000 dollars (out of the triangle) then this will be a very interesting trade.
If the triangle does not break upward then an opportunity to buy at the base support level of around 800 usd might emerge.
Lets see what the market decides to do! I can't wait...
Time to Accumulate Gold and Silver Miners on Metals Pullback It is always important to keep one’s mind open and to consider all possibilities.
At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally breaking lower, silver looks poised to outperform on this next leg up. I am not actively shorting the metals, merely patiently waiting for this opportunity to accumulate even more shares in my list of miners.
However, given the current state of affairs around the world, it is entirely possible this pullback never comes and that we move higher from here. I am hedged against that possibility by being presently invested and continuously adding to my investments in junior & small cap miners. In my opinion, if this scenario plays out where gold does not correct first, it will ultimately not be ideal for gold long-term and will likely result in a painful crash in the metals.
Platinum - Consolidation / Price At Support LevelXPTUSD sitting at support level from recent consolidation. Also, back-testing descending trend-line from previous breakout.
Resistance is up near $1960, offering a decent RR setup, depending on where on places their stop.
One final consideration.... We're heading into seasonal strength. While there are many fundamental details to consider, I like the odds posted below and I don't mind being a few days early. ;)
Platinum Futures Continuous Contract Seasonality
Analysis has revealed that with a buy date of October 4 and a sell date of May 23, investors have benefited from a total return of 761.53% over the last 10 years. This scenario has shown positive results in 10 of those periods.
www.equityclock.com
Lonf from $930
IMPALA: Greatest Stock to Follow Upcoming Plat RunThis is one of the best performers and undervalued stocks that follows platinum quite well and has 400% to grow over the course of the next 2 or 3 years.
The current chart analysis clearly shows a long swing up with an eventual slight correction at the top of the trough (around 9.00 and change) before soaring later in the year and towards next year.
DPO, RSI, Mom, Vigor and bullish volume continues to rise.
- zSplit
XPTUSD 23/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :)
BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS
BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET
BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US
BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES
BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA.
If u have any questions feel free to ask:)
GOD BLESS U ALL!
XPTUSD H1 12/09/2019Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for positioning them self in the best possible spot.
If u were learn about trading from free and accessible knowledge, u probably heard about BUYing LOW and SELLing HIGH?
So SM must BUY LOWER and SELL HIGHER :)
We as retail traders are just a small fish in this ocean, so we need to catch the waves which are created by SM.
Here u will find a thought process to identify these spots on chart, where SM stuck with their orders.
We want to play with SM so, we looking for entries (depending of direction) on HEC in 3 spots:
- top of WICK
- top/bottom of BODY candle
- 50% of BODY candle
CHARTS AGENDA:
SM - SMART MONEY
PA - PRICE ACTION
HEC - HIGH ENERGETIC CANDLE (LAST OPPOSITE CANDLE BEFORE MOVE) <- SM MUST SELL TO BUY AND BUY TO SELL :)
BITCOIN SIGN - MONEY POCKET (SL, BUY STOPS, SELL STOPS) - EQH - EQUAL HIGHS / EQL - EQUAL LOWS
BLACK ARROWS ARE ABOVE AND BELOW THESE MONEY SPOTS POINTING FUTURE TARGET
BLUE LINES - ENTRIES WITH SMART MONEY MITIGATION MOVE - SNIPER ENTRY FOR US
BLACK LINES FOOT PRINTS - SPOTS ON CHART WHERE SMART MONEY SHOULD COME BACK TO GET OUT OF THEIR POSITIONS IN DRAWDOWN (SM MUST SELL TO BUY AND BUY TO SELL) - POTENCIAL SNIPER ENTRIES
BLACK BOX - GAP's (IPA - INSUFFICIENT PRICE ACTION) - SPOTS ON CHART WHERE PRICE MOVED TOO FAST, AND LEFT SOME "WHOLES" IN PRICE ACTION WHERE ALGORITHMS WHAT TO COME BACK AND FILL IT BY "HEALTHY" PA.
I'm so grateful to all of my Mentor's which I met on my trading journey for this knowledge, and cause of struggling few years to discover how the market really moves i decide to share it for free with all of u.
My only goal with it is to Help all of u to have a breakthrough in your Trading Journey and obviously it will impact all your surroundings <- generate more time 4 u, more freedom and this will impact others.
If u have any questions feel free to ask:)
GOD BLESS U ALL!
XPT USD SELL (PLATINUM - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
Platinum and FOREX $XPT Platinum has been on a nice uptrend. If Gold and Silver rally more i imagine platinum could see some of the highest % gains out of them all. I'm long but not too heavily invested. Some ETF's and Physical platinum wouldn't be a bad idea though just for a long term suicide stack. What do you guys think of platinum long term?
Checkout my youtube channel too if you'd like more content from me :)
Platinum (XPTUSD): Lower Buy Opportunity.XPTUSD has been on a very strong rise in late August almost hitting the 1,020 - 1,045 1M Resistance Zone. Despite trading on bullish 1W technical values (RSI = 64.131, MACD = 26.660, Highs/Lows = 45.6178), the volatility itself is high enough (ATR = 41.0321) to justify a pull back to the 1D Support (890).
This is where we expect Platinum to seek buyers as long as the 1W MA50 (blue line) provides support. Once this pull back is completed we will aim again for the 1,020 - 1,045 Resistance Zone.
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Comments and likes are greatly appreciated.
XPT USD SELL (PLATINUM - US DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Platinum Pre-Breakout SetupPlatinum broke above descending trend-line. Price is coiling. Possible breakout in the near future (Comex Session). Bias to the upside. Seems to have found support around $930 (tested three times) after price sold off $60 last week. Still up almost 10% on the month, outperforming both silver and gold.
Link showing commodity price comparison.
prntscr.com
I mentioned the initial breakout in a previous idea.
PLATINUM: GET READY - AGAIN! Platinum has broken out and is now either consolidating or correcting. In this screencast I show how I approach it from a trend following perspective.
Disclaimer : This is not a recommendation to trade securities. Should you do so, your risk and losses are your own. In other words sue yourself if you lose your money.
