PlatinumHi Guys if price comes to 831.42usd i am a big buyer of platinum for 10 percent gain from that pop up......
Good luck
XPTUSD trade ideas
#XPT trade planDespite correction, professional participants of the options market continue to gain a LONG position with target 1000 and above in middle-term
Source : CME Group
XPTUSD Long-term buy opportunity near 1 year Support.Platinum (XPTUSD) is having a strong start to the week following a streak of 2 red 1W candles rejected on both the 1W MA50 (blue trend-line) and 1W MA200 (orange trend-line). Regardless of the obvious 1W Golden Cross pattern that those two are aiming to complete, the price got again near the 895 - 903 Support Zone, which has been closing all 1W candles above since September 2022.
With the 1W RSI on a bottom sequence similar to the February 2023, December 2021 and September 2021 fractals, we consider this an excellent long-term buy opportunity. Our target is the bottom of the Resistance Zone at 1100.
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Bull!!!! Or Short Term Bear For 1 Leg??Greetings all,
Wishing you a fruitful week ahead.
I would like to share two business ideas I have developed using the Elliott Wave Principle with you.
For further clarification, please refer to the attached chart.
Your continued support is greatly appreciated and I look forward to our mutual success.
Best regards,
xptusdred area is good for sell and green area is good for buy. stop loss ia under the support area for buy and for sell upper the area. yoy can get a confirmation like apinbar or ingulf
XPTUSD ( Platinum / USD ) Commodity Analysis 18/07/2021Technical Analysis:
As you can see, there exist a Hidden Bullish Divergence with MACD and it is the very sign of bullish trend continuation as the Price is Bullish Bounding in an ascending channel.
We draw Fibonacci retracement from the low to the top of previous impulsive wave for specifying the Bullish Cycles and the Possible Pivot Points and Reaccumulation levels in the correction wave condition, which are defined as the Fibonacci and Support and Resistance levels on the chart.
Currently The commodity is consolidating and Reaccumulating on Fibonacci Golden Zone.
naturally XPTUSD is moving in ascending channel presently.
we believe that the commodity is getting ready in order to shoot to the defined targets by Fibonacci Projection of the Past impulsive wave
XPT/USDIf the price stabilizes below the resistance level and the position confirmation candle, I will buy shorts with the set target
OANDA:XPTUSD
PlatinumHi my friends ....Look at beautiful pop up in platinum as you saw my last prediction (4July tradingview post,scroll down) now i want to close my long (5% pop up in platinum).
guys if my analysis is beneficial for you share it please .
my previous post about platinum :https://www.tradingview.com/chart/PLATINUM/Ztffi7yh-Platinum/
be with us .
Good luck
XPTUSD BULLISH OUTLOOKPlatinum futures are currently trading at around $925 per ounce, not far from an 8-month low of $894 hit on June 28th. The market is currently focused on concerns regarding China's growth recovery losing momentum and has already factored in a projected deficit for this year. Despite demand concerns in China, the World Platinum Investment Council has revised its deficit forecast for 2023, anticipating a significant 77% increase. This revision is driven by a projected 28% growth in demand and a 1% decline in supply compared to the previous year. Industrial demand is expected to reach record levels, increasing by 17% due to glass capacity expansions in China. Additionally, platinum automotive demand continues to rise in 2023, up 12% due to increased loadings and substitution.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Sideway Structures!! BullishHi guys
I hope you have a wonderful week of successful and profitable deals.
Elliott wave principle analysis
Friends, all the necessary information is provided in the chart.
I sincerely appreciate your support.
with best wishes!
Platinum Hi guys : in terms of education : after fake out we can expect huge upside fast movement in price ....... target is clear on the chart ....
Good luck
Small trade leverage x10looking for a small breakout above daily is oversold 4 hour bullish divergence is starting to come up
Platinum - Should bouncePlatinum price is currently testing double support - white horizontal and the more important blue TL which is also the bottom of the range of a larger bullish channel.
Ideally, we would like to see above higher from here to around 1150 - 1190. Alternatively, targets to the downside are 918 and possibly 830.
If XPT Bullrun starts how high I see itIf XPT bottomed is in and bulls wants to take over.
The recent high was 2300… but can it go higher. Bet it can if it goes any higher then I’ll say around $3000.
If the 900$ area still strong as it is and going to break out.. then my target for the Platinum ATH is 3000$ but maybe you think could go maybe 5000$.
What do you think? If platinum bottomed in and bull run starts how high do you think the new bull run ATH will be ? Comment down
Flat patternHi guys
I hope you have a good week, experience successful and profitable deals
Elliott wave principle analysis
Friends, all the details are indicated in the chart
Thank you very much for your support
Good luck!
XPT/USD Long ideaAccording to the FED hawkish stance, this will be a risky trade right now.
If we don t see a strong comeback from the 0.239 fib level which acts as a support, i expect it to go below and touch again the 800 price.
We already broke down the long term support as i said it s risky.
It s just an idea and i will take action based only on my analysis, do your own research !!!!
Feel free to correct me i like to learn from y all.
Platinum is at the triple supportPlatinum 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 NASDAQ: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 OANDA: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.
PLATINUM SWING LONG TRADETrade setup: XPTUSD 4H - SWING TRADE LON
- 72,65% of Institutions are holding LONG positions in Platinum
- Daily timeframe in uptrend (made new higher)
- 4H downtrend broken by strong demand zone
- 15 minute timeframe has inverse head & shoulders as confirmation
Platinum- Inverted head and shouldersPlatinum has started the month with a local low shy under 1k psychological figure, a reversal followed which also led to a break above the descending trend line started in May.
At this moment the price is exactly in the horizontal 1040 resistance and a break above this zone would also confirm an inverted H&S pattern.
Buy trades considering this setup would have a perfect 1:2 R: R
Platinum, could this be a new swing higher?Today's focus: Platinum
Pattern – Support hold, trend break
Possible targets – 1070
Support – 993
Resistance – 1035, 1070
Today’s update is on Platinum. We have run over our thoughts and levels we are watching. Yesterday’s solid rally has held support and has started to test support after breaking the current downtrend. Will we see buyers clear resistance and confirm the trend break?
Thanks for stopping by. Good trading, and have a great day.
Platinum's Bearish Path: A Closer Look at the Price ActionPlatinum continues to be confined within a persistent bearish channel, characterized by a pattern of lower highs and lower lows in its price movement. This ongoing trend suggests a prevailing bearish sentiment in the market. As the price of platinum remains locked within this channel, there is a possibility of a new bearish impulse emerging.
Given the current market conditions and the downward trajectory of platinum, our target for the foreseeable future remains at $985. This target signifies a further decline in the price of platinum, aligning with the prevailing bearish outlook. Traders and investors should closely monitor the price action and market developments to assess potential opportunities within this bearish context.
SHORT - XPTUSD (H1) (5 Jun 2023)Intraday Trade - XPTUSD
In the Weekly Chart, price is coming from the Supply, and there is room to the opposing zone.
In the Daily Chart, wait for price to clear the D1 demand zone that is in the middle of the chart, before looking for selling opportunities in the lower timeframes i.e. H4. Intraday trades can be found in the H1 chart as well.
In the H4 chart, I am looking to SHORT within the H1 zone to make the risks smaller.
