Platinum is approaching a key demand zone from above, forming a clean gap close at the upper edge.
This area sits at the lower boundary of a strong seasonal window (historically bullish in late April/May) and coincides with valuation moving back into attractive territory (indicator at lows).
Short-term uptrend structure remains intact, while COT data continues to show Smart Money positioned bullish.
High-confluence reaction zone for swing traders.
This area sits at the lower boundary of a strong seasonal window (historically bullish in late April/May) and coincides with valuation moving back into attractive territory (indicator at lows).
Short-term uptrend structure remains intact, while COT data continues to show Smart Money positioned bullish.
High-confluence reaction zone for swing traders.
Full multi-TF zones + COT + Macro Bias + Seasonality → confluenceedge.net
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Full multi-TF zones + COT + Macro Bias + Seasonality → confluenceedge.net
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.