Platinum Price to the channel bottomLooks like the platinum price is going down to the channel bottom. So, I'll be waiting for sell opportunities on corrections.Shortby khashayarjamshidiJan 13, 20241
XPTUSD (Platinum) Trend Reversal ahead!Platinum is a rare but highly interesting metal, well suited for many use-cases. One use-case might be to open a short position. For about a week, OANDA:XPTUSD has formed higher lows on the 4h chart. On the other hand - momentum fell on Wednesday, then rose again but then took another dip. As a result of rising prices and falling momentum, we have a bearish divergence situation. This bearish divergence is an indication of a potential trend reversal. There are two indicators that support the hypothesis of a trend reversal: RSI was overbought and now keeps falling MACD is about to cross the signal line Of course, there's no guarantee but there are at least 3 signs (divergence, RSI oversold, MACD crossover) that usually occur when a trend is about to reverse. The profit target is the weekly pivot at around 903.232OShortby TradingClueUpdated Jan 11, 20241
Seasonal Long in PlatinumHey guys, there is an annual seasonal setup in Platinum which begins during the middle of December and extends until February/Early-March timeframe. The meat of the move seems to occur from end-December until mid/end-January though. While last years movement was fairly muted due to the weak capital markets, I am aiming for a $150/oz upside move this year. TP range is $1100-$1125 area. I scale into small longs vs. taking a single large position as the ranges in Platinum, can be quite large. You can also refer to this link for more info on the seasonal setup as well: auctusmetals.comOLongby kaotic363Updated Jan 7, 20240
PLATINUM Good purchase deal...With your harmonic model completed...OLongby hasan_1997Updated Oct 19, 2023225
XPT/USD - Platinum OZ/USD - Retest & Break Out IdeaI would like to share my thoughts with you. The Idea is that after Head Shoulder Formation is now the Retest of SHS and confirmation of break out. That idea is supported by the seasonality of Platinum. I think its possible to reach minimum Target1 if Platinum is not overbought then its also possible to reach target 2 untill 21 th February. After 21th February I think we will see a correction. Thx we'll see wish u all the bestOLongby sebastianmichalsky91Jan 5, 2024110
Extension of the trend: Definitely a bullish marketHello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering various scenarios that are likely to occur in the market. Although I'm going to share my analysis with you, please note that I won't be providing a buy or sell signal. My goal is to share my unbiased analysis so that you can use it as a guide to make an informed decision. To give you confidence in my analysis, I'll always share my previous analysis from the same market so that you can compare. All the details of my analysis are clearly labeled, making it easy for you to understand. I hope my analysis will be useful to you in your business journey, and I wish you the best. I'm waiting to hear from you. Finally, I'd like to remind you that like-mindedness and support, comments, and likes are the most important pillars of progress, like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely, SLongby Mehdi_Abbasi_EWPDec 28, 20236
[MCX] Platinum Investment Idea Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======TLongby Amit_GhoshDec 21, 20233
The growth of gold, the expansion of platinumHello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a buy or sell signal. My primary intention is to share my unbiased analysis so that you can utilize it as a guide to make an informed decision. To build your confidence in my analysis, I always share my previous analysis from the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand. I hope that my analysis is useful to you in your business journey, and I wish you all the best. I am looking forward to hearing from you. Lastly, I would like to mention that like-mindedness and support, comments, and likes are the most important pillars of progress, just like support points in the financial markets. They give me the energy to continue and share more ideas with you. Sincerely SLongby Mehdi_Abbasi_EWPDec 19, 20235
XPTUSD About to test the 1D MA200. Strong buy above it.Platinum (XPTUSD) is going quite well since our October 25 buy call (see chart below) as we caught the bottom and the price is now rebounding: The long term pattern is a Channel Up. At the moment the price is supported by the 1D MA50 (blue trend-line) buy restrained below the 1D MA200 (orange trend-line) where it got rejected on November 28. Even though the bottom of the Channel Up was made and the 1D RSI patterns between the two sequences are similar, we need confirmation for upward extension by a break above the 1D MA200. If you didn't buy lower, you can wait until that level breaks, and then target the +28.55% range at $1100. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐FLongby TradingShotDec 14, 2023117
Is Platinum Ready To Break Out?Looking at the technical picture of EASYMARKETS:XPTUSD on our daily chart, after reversing higher in mid-November, the commodity started forming higher lows. That said, it is struggling to build up higher highs, at the moment. However, that might change, if the price overshoots its key resistance area, roughly between the 944 and 952 levels. Until then, we will take a cautiously bullish stance. A break above the aforementioned resistance area would confirm a forthcoming higher high, potentially clearing the path towards higher hurdles, as more buyers might see this as a good opportunity to step in. We will then target the 989 and the 995 levels, which mark the highest points of August and July respectively. Alternatively, a break below a short-term tentative upside support line, drawn from the lowest point of November, could result in a further price drop, as it might spook some bulls from the field. Our next possible target could be the 890 zone, which is the current lowest point of December. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Eby easyMarketsDec 14, 20237
XPT bull flag explode or stop killerAs clear bull flag formed we can expect clear breakout to upside with such macd values . Also for current cycle we clearly not at top yet .OLongby igloroDec 7, 20230
The impact of gold growth on other metalsGreetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck! SLongby Mehdi_Abbasi_EWPNov 29, 20234
Decoding Market Trends: Platinum's Dance with AI-Predicted ShiftDear Esteemed TV Members, P latinum has been swaying within a bearish trend. However, insights from Support Vector Machines (SVMs) applied to daily candles suggest a potential weakening of this bearish momentum. This predictive analysis, coupled with a possible rising channel pattern on the Relative Strength Index (RSI), indicates that the bearish trend might be approaching its conclusion, paving the way for a potential shift towards a bullish scenario. S VMs, a formidable machine learning algorithm, serve a dual purpose in classification and regression tasks. In market analysis, SVMs are invaluable for identifying candlestick patterns, forecasting price momentum, and pinpointing crucial support and resistance levels. As per my SVMs, Platinum's price seems to be on the verge of entering a support zone, marked by the blue rectangle on the chart. This support zone could act as a catalyst, drawing in sufficient demand to instigate a reversal of the trend into a bullish trajectory. V isualizing this potential scenario, I've outlined it with blue arrows and proposed a long position in the chart. However, a word of caution: Should Platinum experience a downturn below the outlined demand zone (as indicated by the purple forecast), it would be prudent to steer clear of the long position. In such a scenario, an alternative bullish outlook may emerge, capitalizing on Platinum's oversold conditionsโa phenomenon observed previously on March 19, 2020, and a possibility hinted at in the alternative blue forecast. Happy Trading! A crucial disclaimer accompanies this insight: This is not investment advice, and the responsibility for trading decisions rests solely with the individual. It's imperative to conduct thorough research, exercise caution, and embrace effective risk management strategies. Best regards, ElyTLongby Elysian_MindUpdated Nov 24, 20236611
Platinum | An Imminent ReversalIf price can not penetrate this zone and close above it, there may be a pretty reversal coming. hope you enjoy trading & make money!OShortby PalambirNov 21, 20231
Platinum: 1M outlook As above.... Big descending triangle on the monthly chart. Statistically a much better chance of breakout for a bull run in the distant future.... 2025?? Will follow. Good luck traders. Tby AmbassadorjNov 17, 20232
XPTUSD - In Bullish TrendXPTUSD is in bullish trend as it is making higher highs and higher lows.OLongby junaidkhanjiNov 16, 20231
Is platinum planning its Bullrun!? โฆ.Nobody has been talking about platinumโฆ it had been consolidated and stopped in a same area since October 2015โฆ and big drop went nearly below inside 570 area.. but then went back in a same zone again and again and this year again. What if itโs finally find its bottom in all of this time? Is it ready for a bullrun ? Last time it had a bullrun since 2008 and it had been 15 YEARS. 15 YEARS โฆ Is it now time for a big bullrun of it is then highly suggest to buy it now. 2300 is the most recent ATH since 2008 on that bullrun.. if 880 area is the bottom all this time then made a huge dip from 570 area then it looked like could be ready for a bullrun. My profit take is 3500 if this really looks like a bullrun honestly it does to me when I found that upper trend line with that flat support zone in a same area Oby JoyBoyVegaeNov 15, 20230
XPTUSD ShortElite Strategy Execution Followed all confirmations Executed in 5 minute time frame Transitional switch in 1m, 3m, 5m confirmed a short inside daily market structural zone. Targeting 1:3 Trade Risked 0.5% Max Targets will be lower liquidity structural zones or pools. Entry: 844.500 Stop Loss: 860.00 TP1- 829.00 TP2- 813.50 TP3- 798.00 **For educational purposes, this is not financial advice.OShortby TheEliteTradingNov 13, 20231
For sell or On sale??Looking for an entry within the next couple of days, considering that this is a metal, my stop is fairly tight 200 pips stop lol. However, after carefully taking steps to understand how markets fluctuate, at premium zones, I've decided to make my potential last trade of the year on xpt/usd. There are no fundamentals behind this...this is pure technical, lately I've shyed away from technical trading however I couldn't pass up how beautific this pair looked from a monthly stand point, price has retraced to my POI returning back to a monthly demand zone after a ChofC. I will set an buy limit for this zone on my metatrader 4. I'm not a financial advisor, don't not overleverage protect your account fool!!! Good luck!OLongby Da_KahunaFxNov 8, 2023112
Platinum sitting at a major support!although the longterm trend is bearish but there is a strong potential for this precious metal to get support at this level.OLongby PalambirNov 8, 2023113
The rising market of metals is probableGreetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck! SLongby Mehdi_Abbasi_EWPNov 6, 20235
Platinum SHORT to $828 and rebound to $972TVC:PLATINUM chart has crossed MA 200 and started its fallen to $828 (-16.35%) price target for 85 days. Then during 60 days it might go up to $972 (+17.50%). After that - flat for 320 day before sharp fallen. RSI and MACD are similar to the chart in 2012-2013 rectangle shape. Tby AndreyVasylyukUpdated Nov 3, 20232
PLATINUMPlatinum experienced a marginal rise, potentially due to geopolitical concerns. Looking at the daily chart, the metal's price made an attempt but fell short of surpassing the $894.82 level, which corresponds to the 20-EMA. It also tested the upper trendline of a wedge pattern. Notably, the RSI broke above its previous downtrend, indicating a moderately bullish sentiment, similar to what we observed in July and August 2023. If the price manages to break out above the wedge's trendline, there's potential for the price to move towards $914 and possibly extend to $926. On the downside, the initial price momentum may have been influenced by geopolitical tensions. If the upper trendline continues to act as resistance, we could see the price retreat back to the $860 level. Tby MarketMeistersTradingUpdated Nov 2, 20233
XPTUSD bottomed and has almost +30% upside potential.Platinum (XPTUSD) is testing (and so far failing to break) the 1D MA50 (blue trend-line) after a rebound on the bottom (Higher Lows trend-line) of the long-term Channel Up structure. A break above the 1D MA50 but mostly the Lower Highs trend-line, would confirm the bullish bias on such a low price action, with considerable upside potential. As you can see the current bottom formation is very similar to the one that led to the September 01 2022 Low. The 1D RSI fractals are identical and will be confirmed if it continues on Higher Lows. As a result we do have a low risk buy signal on the current level but it is not confirmed yet and needs to break above the Lower Highs to do so. Our long-term target is the 1100, which represents a +28.55% rise from the bottom, similar to the November 11 2022 peak. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐FLongby TradingShotOct 25, 202310