$PL1! WOW!!! Mr PlatinumNYMEX:PL1!
WOW!!!
Mr Platinum, how are you?
You did play out as expected.
Now, Let,s go to the bank together.
And also. Let us do it again and again!!!
Platinum looks like its getting ready for a big movePL is looking primed to start the move towards new ATH. We have put in a Re-Accumulation on the weekly and are currently in the BU/LPS phase, during which we have also put in a LTF Accumulation on the Daily. I'll be looking to get involved this week long wherever I can find a low risk entry. 1st Tar
PLatinum shaping up for a ton of upside to $1,132 tech and fundsBox Formation and W Formation is showing on the Daily chart of PLatinum.
We do need the price to close above the neckline of both patterns to really confirm upside to come.
So far the MAs are also confirming a bullish inclination along with the rising uptrend.
Price >20 and crossing 200MA
Bullis
Palladium and SilverAre we on the cusp of an epic 8 year run for #silver and #palladium?
I'll let this chart help you make up your mind...
Over Night Platinum Futures Position Initiated a trade yesterday evening, albeit slightly delayed, upon recognizing an upward continuation trend. Confirmation from both MACD and STOCH indicators. Employed a 35 TICK stop loss and a 178 TICK take profit. Closed the position this morning at 9:30 AM. Best wishes to all fellow traders!
En
Palladium priced in goldIf you are wondering why #Palladium is bouncing...
A bounce does not imply an immediate trend reversal
Platinum: Not yet done 📉We currently locate the platinum price in the green wave (b). As soon as this low has been placed little further down the chart, we expect another major detour with green waves X and Y before we can consider the important low of the blue wave (b) to be completed. Please note our alternative: If the
Platinum Represents Big Value and Upside in MetalsPlatinum has been one of the worst performing metals. However, it presents a compelling opportunity for upside should the Fed ultimately deliver rate cuts. Based on daily fibonacci patterns, it is holding support at the 61.8% percent lines. And, it is holding weekly, daily, and hourly support. Today
Platinum. Insider activityA curious spread has opened on Platinum with a volume of 1000 contracts. If you are familiar with the subject, you will realize that an Insider has entered the market. Such deals only appear once or twice a year. Don't miss it!
Spread Expiration - Oct 18, 2024.
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Frequently Asked Questions
The nearest expiration date for Platinum Futures (Jan 2024) is Jan 29, 2024.
The best time to sell a futures contract is when you've already made money on the investment, but still have plenty of time left before the expiration date. Thus, a good option would be to sell Platinum Futures (Jan 2024) before Jan 29, 2024.