Platinum dailyI think once we take out the old low at 910 the drops are going to be pretty rapid This fits with a strengthening dollar I don't think it's going to be a good few weeks for markets Trade safe NO ADVICE GIVEN Chart- action reaction plus Gannby Great_Reset_Investing1
DR PLATINUMPlatinum looks like it's about to crash It's a bellwether for the green economy I'll dca below 800 But i think it makes a new low Generational buy op Not financial adviceby Great_Reset_Investing0
Platinum to fall around 7%Like all PMs, Platinum is also under pressure and the last correction was very anemic and well caped in 960 zone. At this moment XptUsd is sitting on support and I expect this to fall. The next target for this fall could be 850 zone and only the price back above 960 would lift some weight from the selling side. As in Gold&Siver's case, I'm strongly bearish Platinum also. Shortby Mihai_Iacob8812
PLATINUM LONG TO $1400Similar to all the other commodities, it seems like Platinum could be getting ready for another bull run in 2022, after spending most of this year declining. Not much volume in the markets right now, but this could be used as a chance by buyers to accumulate momentum in order to push it up when volume re-enters in 2022. Could still see just a little push lower to take out September lows & grab liquidity, but overall, this would be the right price to invest into Platinum. I will be catching this move on behalf of myself and my Account Management investors.Longby BA_Investments6
PLATINUM 900 NEXT BUT 800 BECKONSIf it were to break 800 I think we could see a new low This is an action reaction chart based on the work of Dr. Alan Andrews and Roger Babson The modern proponents of 'Market Geometry' include Tim Morge and Greg Fisher INVEST AT YOUR OWN RISKby Great_Reset_InvestingUpdated 0
Platinum %10 PotentialXPT did a retest and made 50-SMA support. I might bounce from here.Longby hsajhsjhhsj1
Platinum Power It looks like Platinum power is back ! While it breaks out of the bearish trend in Oct this year, the upside was short lived. It reaches 1098 before tumbling down to current price of 950. I see this as another good opportunity to get it at a cheaper price. Longby dchua19692
XPTUSD Platinum | Triangle Chart PatternXPTUSD | Watch for short trade opportunities below the trend line.Shortby TradeLive-110
XPTUSD short###hi traders , the last week i posted an entry for platinum still running and BE 1:1 , i set the decond entry with the same entry , both running nowShortby madka1212
Platinum- Target reached, now whatThree weeks ago I said that Platinum is trading in a rising wedge pattern and a break of this pattern can lead to losses and to a break under 1k important figure. Platinum didn't disappoint me and it reached its target at 930. With great selling pressure on PMs (Silver&Gold) we can also see this support falling and 850 can be bear's target. Sell ralliers towards 970 can be a good strategy and only Platinum back above 1k would put a pause in this scenario. Shortby Mihai_Iacob8816
PLATINUM XPTUSDAs you can see on the Monthly chart we are at a strong support level of high volume and also the rising lower trendline support. I will be looking for Longs from current support. Pls see 4hr chart below. I will be looking for a break out of the descending trendline resistance. With confirmation like a double bottom or retest of broken resistance level to go long. Longby NeilshUpdated 1
Huge return on platinum for the next couple years This forecast is for investors, now you look at the global events and find some volatility on gold and silver prices as a safe haven also platinum has the same rule but what makes platinum is the best opportunity right now is the current price has fallen enough to reach the desired support at 770 $- 820$ area I expect the price to continue going down the path to these levels. Platinum’s prices are likely to rebound since it's used in manufacturing. It also has a future in renewable energy requests. As an investment, platinum may be useful in a variety of ways, including hedging and speculating. However, If you want to include platinum or any of the precious essences in your portfolio, I will recommend that. For the position, I recommend a buy order on 770-820 level with 1 Buy limit order at 590 -620 area with the same amount of the first position last Buy limit at 405- 425 area just in case the price make a strong move against us with 4x amount of the first position Our targets:: 1ST Target 1284 $ - 1320 $ area 2nd Target 1850 $ - 1900 $ area ============================================ The Period of investment starts from 6 months to 3 years (estimated) I had given you the areas letting you manage your position Commitment to strategy will bring you the best benefit of the strategy we expect 130% to 250% return for 3 years of investment Longby youssefallax10109
Dr. PlatinumDr. Copper has traditionally been the metric for the growth of the 3rd industrial economy; but i submit may be of less use going forwards... www.weforum.org Copper, as a marker of industrial production, has indeed tracked the 'reflation trade' pretty well over the last 18 months We will look at copper in due course... Platinum is a somewhat forgotten precious metal Along with palladium, it is used as a catalyst in industry The declines in the price of the platinum group metals over 2021 could be seen as resultant from the slowdown in the conventional (ICE) auto industry However, to 'offset' this- the nascent green hydrogen industry is a catalyst for platinum ( or vice versa) I sold my platinum positions around that local top It has broken out of a multi year downtrend; but probably needs to retest that breakout- and is short/mid-term bearish I'm a buyer at 800 DISCLAIMER: This post is for information only; and is not to be constituted as any form of advice by Great_Reset_InvestingUpdated 223
PLATINUM targeting $1090Pattern: Giant Head and Shoulders on 1D. Signal: Buy as the price hit the 0.5 Fibonacci trend-line and is near the Support. The 1D CCI is also on its Core long-term Support. Target: 1090 (potential contact with the 1D MA200 (orange trend-line) and right on the 2.0 Fibonacci extension). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------Longby TradingShot3345
PLATINUM (D)Platinum looks likely to continues on it's downward tragectory possibly back to the 880to 900$ level.by paraujo0
Cheap Platinum : Upside Potential RSI reversal divergence Volume increasing substantially Use case increase: demand Comparatively cheap to ATH Inverted Head and Shoulders (early call) 1338-1388 completes right shoulder If 1338… then 1734. However, beware false right triangle breakout Hidden bearish divergence But bullish signals outweigh bearish Longby BlakeWissemann0
Platinum- Under 1k again?Since the low at 905 made on 20th September, Platinum has risen to a high around 1100. However, the rise is not impulsive and has drawn a rising wedge pattern on our daily chart. Confirmation of the pattern comes with a break under 1050 and this can lead to a dive under 1k and to rising wedge target and the last low in 900 zone.Shortby Mihai_Iacob4415
Platinum Long Entry Platinum has been in an uptrend since the 20th of September after dropping to $891.30 Earlier that month. The current demand for platinum is exceeding the supply for the precious metal, which shows that the price should rise up as time goes on. The price has been on an uptrend for a month, but this week the price has fallen by -4.14% to 1057.22 regions. There has been some support made here which indicates that's the price is due to rise and continue in this uptrend. The RSI levels are currently in oversold territories too, at around 20. A long entry from a swing position seems appropriate for platinum, with targets at 1141.26 on the upside, stop-loss levels are at 1030. PLongby Orion-Markets3
XPT/USD 1DAY CHART SETUPHi everyone this is my trade set up for the XPT/USD for the new week ahead we had a very nice push last week and i feel it still has the legs to to make the push higher XPT/USD is still pushing up so i am expecting a pullback to the order block zones and will be looking for a BUY trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcomeLongby Costy131
PLATINUM moving higher 🦐PLATINUM on the daily chart broke the perfect descending channel tried to break above the 1060 resistance structure without success. The price tested then the 0.382 Fibonacci level over a support and we can expect a new attempt of a break to the upside during this week. According to Plancton's strategy if the price will break and close above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.Longby InkyGripUpdated 10106
XPTUSD (Platinum) Entry 1066.400 Take Profit 1147.800XPTUSD (Platinum) Diagonal Trend Line Horizontal Support Resistance Line EMA 10 EMA 20Longby TradeLive-1