Platinum Long Trade IdeaPlatinum price is severely depressed recently, especially if compared to its peer Gold. At current level below 800$ per ounce there is opportunity for very favorable risk/reward trade. My goal is 1000$ target which is 25% gain from the current level and can happen easily withing couple of months. More long term investors can keep their positions for 3-5 years with much higher targets. Even 2000$ is not impossible with more wide horizon.Longby auroraspotUpdated 1
Opportunity in Platinum for a long term tradePlatinum price is severely depressed compared to Gold price. It is now close to its 2009 multi-year bottom around 760$ per ounce. In the long run this is a trade with great risk/reward potential. I am playing here with an outlook for a 1000$ target which is 200$ from the current levels or close to 25%. Of course somebody with more long-term horizon can stay with the trade for much much higher gains. Even 2000$ is not impossible in next 3-5 years.Longby auroraspotUpdated 1
platinum gona make new attemps to break true giant flag!Platinum have his own mind, its different from gold and silver! it can spike when gold drops and vica versa i believe platinum make another attemps to break out of the giant flag! i post another picture where you can see this flag possible price action next year to 2000 dollar and more!Longby SignalWolf2211
PLATINUM LONG IDEAGOOD RR SETUP HERE WITH PLATINUM, PRICE ACTION SHOWING RESPECT FOR THIS SUPPLY/DEMAND ZONE, I SEE IT MAKING A NEW HIGH AS IN GENERAL UPTREND.Longby CoinCaller3
Better entry level Platinum.Platinum broke trough an ascending trend line, late last week. However the bias remains bullish as long as we stay above 868 on a daily close. New entry level long would be the area of 878-868. This area involves a couple of monthly highs/lows, 618 retracement and slope support.Longby NannePostUpdated 5
Platinum @ Slope support line.Platinum should reject of the slope line and close above 900 on the day for a strong conviction, however it looks good enough for me. Just like Gold, Platinum respons to real yield, which look overbought at the moment touching previous support, "possible" resistance.Longby NannePost6
Will we hit $1000 once again?Perfect trend line + support. Buy @ $885-890, SL $860-865, TP $950, 1000.Longby Heist_FlyZUpdated 3