XPTUSD Technical outlook Bullish scenario: The Platinum broke very important resistance zone between 960 and 1000 usd. Now the price is holding above the zone narrowing its daily range. As all trends are moving between two phases – Impulse and Correction the last three-four days sideway movement could be taken as a correction of the impulse started on a...
Platinum Futures (CME NYMEX: PL, USD/ozt) Trade : Buy Dip Entry : 930 Target : 1504 (574, +61.72%) Stop : 850 (-80, -8.6%) Posted on Saturday, Dec 12, 2020 (EST) Note : Even though, it seems to be meaningful in the movement of platinum price. It's as if someone, a very powerful, is controlling the prices. The resistances would be 1150, 1505 and 1750. The support...
November was quite a month for Platinum with the price rising 30%, but most importantly with a significant break above 1000 psychological and technical resistance, a resistance that held since 1017. At this point, the price is in a normal and necessary correction, and confirmation of 1k as new support would bring bulls into the market and the price can rise to the...
As my predicted on Dec 4, price hit the critical zone and pull back, here's the future critical zone to observe (take action)
Friday, 4 December 2020 20:24 PM (WIB) What could give a profitable return on ROI besides Gold and Crude Oil is Platinum. Once we hit the target without losing our funds, we could achieve a huge profit on these market. Now, Platinum is on the way to the sky, but it seems to need a retracement move first that might be landing at 1000 areas. A very strong...
The upward wave has begun. This wave could be wave 4 of the double-dip wave, which will be the target of $ 1,800, or it could be wave 3 of the main wave, which will reach the target of $ 3,500 in the long run.
Hi Guys, it struck me the other day how similar these movements are. Then I discovered that Platinum has a very important industrial link with Oil Refining. Platinum is used in the processes known as reforming and isomerisation, which create the higher octane components for gasoline. Platinum is key to the production of gasoline - without it, refineries would...
Let me present my idea, it looks like Platinum has touched the 61.8% Fibonacci retracement level at the price 953.066, and we hope to go to the first price direction in the 982.739 range at the 161.8% level, and the second price at the 999.925 range at the 261.8% level, but I personally prefer to set the profit point at the first price range. If the movement...
Platinum to go up a bit What do you think? Let me know in the comments Like and follow for more content Good Luck
short big time
Take a look at this comparison chart and see the ROI for these few important Metals performance. The best is COPPER and the worst is Platinum since the March Low. I am investing for the long term and will wait for healthy correction to add more long positions. And I have reiterated the volatility of this PM and personally, I do not take a large positions in each...
That is how I see it for now on 4 hrs. BTC moves btw round number levels - where most of orders and liquidity rests. I dont think there is enough liquidity at 10.500 to push price higher. Price will drift to the lower levels in search for buyers. It is similar situation as with gold. We will see what happens at 9500. THIS IS NO FINANCIAL ADVISE.
price already made good correction just comes to table and amazed me. what a perfect pattern it is absolutely amazing we are coming down for the C wave from their new journey will start
Bearish set of Platinum against the dollar. Look for new lows. Share thoughts in comments below Like and follow for more content
Simple as title, OANDA:XPTUSD seems is being weaker, time for a shorthold ( long term )
XPTUSD Entry 937.512 Exit 1007.768 (Parallel Channel) (Platinum)