LongAbout Platinum (XPTUSD)
Platinum as an investment has a much shorter history in the financial sector than does either gold or silver, which were known to ancient civilizations. Experts posit that platinum is about 15-20 times scarcer than gold, on the basis of annual mine production. Because of this fact, platinum has nearly always tended to sell at a significant price premium to gold. More than 75% of global platinum is mined in South Africa.
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices.
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices.
Long
Platinum catch up trade shows +33% upside.AI says:
1. The Great Supply Vanishing Act
South African Grid Collapse: Mining in the Bushveld Complex (75% of global reserves) is crippled by ongoing energy instability. Deep-level mines cannot operate without consistent power, creating a permanent floor under the price.
The Russian Deficit: Geop
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#XPTUSD PLATINUM - Price Currently In Bullish Trend The overall structure is characterized by a series of higher highs and higher lows, moving within a well-defined ascending channel.
Major Breakout: Price has recently broken above a long-term psychological resistance zone at $2,500 (highlighted by the blue box and red arrows).
Support Flip: That $
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Platinum vs. Silver at lowest in 46 yearsShort-term trend favors silver, but with the ratio that low, platinum becomes extremely interesting.
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Platinum 4H timeframe-bullish continuation targeting 3,000$Looks like Platinum is following Gold and Silver to complete its wave v pink, target 3,000 or higher.
Invalidation: 2,476
A price print below this level invalidate this scenario
Confirmation: 2,722
A price print above this level adds significant strength to this scenario
Long
Platinum bullish continuation target 2,990 or higher.I expect the bullish continuation for Platinum, target 2,990 or higher.
Invalidation: 2,510$
Long
Platinum- Bullish continuation expected, target 2990$I expect the bullish continuation for Platinum, target 2,990 or higher.
Invalidation: 2,510$
Long
Can XPT/USD Extend Its Uptrend After Multiple Pullback Tests?⚡ XPT/USD Platinum vs U.S. Dollar Bullish Breakout Blueprint 🎯 – Day & Swing Setups 🚀
🔥 Live Price Snapshot (XPT/USD):
Platinum Spot Price continues strong above ~$2,270 / oz & near multi-year highs — up sharply this year on persistent supply tightness and industrial demand strength.
📈 Trade Plan
XPT Plausible Breakout On the daily and 4 hour chart, we see a pierce of a 4-touch-point resistance trendline. This indicates of a probable breakout of structure and a continuation to the upside. What do you think of PTX targeting $3000?
Long
Platinum - Triangle BreakoutPlatinum was surfing the 10MA, compressing into a triangle and now breaking out. Going higher.
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Displays a symbol's price movements over previous years to identify recurring trends.