Chart Idea - PL Swing Long SetupEntry: 990
SL: 950
TP: 1185
RR: 5:1
Not a Financial Advice!!!
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GOLD, SILVER, PLATINUM & COPPER Weekly Forecast Nov. 11thThe Metals are at areas of supportive discount arrays, but will they move higher.
The latest COT Report indicates the institutional traders are betting on higher prices, even when the assets seem to be in consolidation.
Monday is a US bank holiday, and Tuesday may start slow, but I suspect the price
PL possible scenariosPL in a channel, will ultimately break it upward. interesting to see what happens
Palladium Rebounds at Key Demand Zone: A Bullish ReversalPalladium has recently experienced a significant rebound at a key demand area around $913, which could mark the beginning of a potential reversal. This price level has historically served as strong support, and its recent behavior suggests a shift in market sentiment.
In addition to this technical
Platinum the trend leader for metalsPlatinum, the trend Queen.
Platinum this session has led the trend for metals so far.
PL has broke it's long uptrend with force. Generally PL likes to trend for several days.
Short intraday pops might happen, but I am watching for possible continuation.
Consolidation or ranging may also be possibl
PLATINUM | XPTUSD Weekly Outlook Oct. 21st: BULLISH Bias!This weekly forecast is for Oct 21 - 25th.
Platinum is heading towards the Swing High with good momentum.
Target should be achieved this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers, and I respond to every c
PL Weekly and Monthly Extremely bullish setup.
3 TPs are identified.
it will take a few years for the final TP.
Stop loss 915
Most Probable Path for Platinum Moving ForwardPlatinum may very well be developing a C&H pattern over the longer term, lagging gold and silver's similar pattern
This makes sense, as gold is the cyclical driver of the metals complex.
A pattern of this magnitude would yield a tremendous breakout, and as such, speculators should take below 1000/
Platinum LONG TERM analysisLong term TA on PL1!
1) Shorter term expectations/price target
2) Relationship to gold and silver
3)Longer term patterns and eventual price targets on a yearly timeframe.
Sorry if this was longwinded. Will begin to post weekly updates so consider this a comprehensive analysis to precede, shorter
Platinum Buy Strategy!Platinum is prevailing for months in Symmetrical triangle pattern.
Breakout Potential: As you can see in the charts the market broke the trendline and created in-efficiency. A tight consolidation in an order block can be a precursor to a large price movement, as the market builds up energy before a
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Platinum Futures is 4,676 JPY — it has fallen −1.06% in the past 24 hours. Watch Platinum Futures price in more detail on the chart.
The volume of Platinum Futures is 31.00. Track more important stats on the Platinum Futures chart.
The nearest expiration date for Platinum Futures is Jun 25, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Platinum Futures before Jun 25, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Platinum Futures this number is 4.93 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Platinum Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Platinum Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Platinum Futures technicals for a more comprehensive analysis.