Platinum Futures forum

5 hours ago

For Swing Traders:
The Daily is in Bullish (directional) Market Bias, which left off with the last two candles sharing the same price at their highs of 1,440.5. They created a Tweezers Top that is a Resistance Line. If respected, price action will stay below this to retrace downwards, then back up again. But if a bullish candle appears to breach that Resistance Line, then the bulls get a nice boost back up to continue the rally.

*Take Profit Projections for a Retracement:
1,249 - Based on Mean Reversion

**Current Fair Price by Traders Worldwide: $1,235 for Swing Traders

TheMarketWitch

2 days ago

Plenty of room to break PDH...

cwilley28

2 days ago

you were supposed to tank :( whenever you need shorts to come through, they bail lol

JoyBoyVegae

Still bullish take profit at 1300; it should break the resistance at 1250

coralwhale30

Dear Platinum, I missed your big moves, but I promise baby girl - Ill be there to catch you when you fall. Sincerely, Your biggest fan.

SethGoforth

So far so good. Lets see how the rest pans out Idea: Platinum Breakout. Going LONG

JoyBoyVegae

Long we go .. 1800 is my long term target but firstly break above 1250 so will march towards 1400

Mr_Anonymous_Investor

Bullish asf

Mr_Anonymous_Investor

Maximum bullish together with copper, BTC and maybe palladium soon.

asiangoldtraders5

💎 **PLATINUM PRICE SHAKE-UP ALERT!** 💎

Trump’s new tariffs on auto imports from 🇨🇦, 🇲🇽, and 🇨🇳 are sending shockwaves through the platinum market! ⚡️ With the U.S. auto industry—accountable for nearly 40% of global platinum demand—likely to see reduced sales, platinum prices could drop significantly ⬇️.

Plus, supply chain uncertainties, a stronger U.S. dollar 💵, and potential interest rate hikes 📈 are adding even more pressure.

What’s your take on these bold trade moves? 🤔 Drop your thoughts below and let’s chat!

#Platinum #TradeWar #AutoIndustry #Tariffs #MarketUpdate #Economy