Platinum (XPTUSD) forum
๏ปฟโฆstill best performer YTD of the 4
Market Plan:
Thieves, get ready to plunder profits! ๐ต๏ธโโ๏ธ
Weโre looking for bullish confirmation via:
โ SMA pullback
โ Heikin Ashi bullish doji confirmation
โ Hull MA dynamic resistance breakout
Entry Strategy:
Thief strategy using layered limit orders ๐ธ๐ธ๐ธ:
Multiple buy layers at your choice (e.g., 1400 / 1410 / 1420โฆ you can increase layers as you see fit).
Any price level entry is allowed โ flexibility is key to our heist! ๐ดโโ ๏ธ
Stop Loss:
Thief SL: @1390
Note: OGโs, I donโt recommend blindly following this SL โ itโs your choice. Take money at your own risk. โก
Target:
Our target is @1460 ๐จ
Police closing in at strong resistance + overbought zones = potential trap. Escape with profits! ๐จ
Again, itโs your choice, make money at your own risk.
Related Pairs to Watch:
XAU/USD (Gold) โ often moves in correlation with Platinum in metals markets.
PALL/USD (Palladium) โ can give early signals of momentum shifts in Platinum.
USD Index (DXY) โ USD strength/weakness affects metals directly.
Key Points:
Platinum is slightly more volatile than Gold.
Positive USD weakness usually lifts XPT/USD.
Monitor correlated metals to anticipate big moves.

This bearish mother range 100% has a grip on us
Stuck in between a bullish and bearish stop hunt on weekly.

Daily Change: +7.55 (+0.54%)
Open: $1,394.55
Day's Range: $1,394.55 - $1,410.53
52-Week Range: $887.50 - $1,486.23
1-Year Performance: +40.12%
๐ฐ๐ Fear & Greed Index
Market Sentiment Score: 54/100 (Neutral) ๐
Greed > 50, Fear < 50
Key Drivers:
Stock momentum (S&P 500 near all-time highs) ๐
Low volatility (VIX stable)
Moderate demand for risky assets
๐๏ธ Fundamental & Macro Score
Fed Policy Outlook: Upcoming FOMC meeting (Sep 16-17) โ ๏ธ
Economic Data to Watch:
Retail Sales (MoM) (Aug): Cons. 0.2% vs. Prev. 0.5%
Inflation Data (CPI): Next report Oct 15
Macro Score: 6/10 (Neutral to Positive)
Platinum supported by industrial demand, but USD strength caps gains.
๐๐ Trader Sentiment Outlook
Retail Traders:
Bullish: 65% ๐
Bearish: 35% ๐
Recent bets skewed towards price gains
Institutional Sentiment:
Technical Bias: Strong Buy ๐
Moving Averages: Buy Signal
Oscillators: Buy Signal
Positioning: Net-long on platinum futures
๐๐ป Overall Market Outlook
Bullish (Long) Score: 70% โ
Bearish (Short) Score: 30% โ
Summary:
Short-term momentum positive (+0.54% today)
Technical indicators favor upside
Macro events (Fed decision) could drive volatility
๐ Key Takeaways
Platinum prices are up 40% YoY, reflecting strong demand.
Traders are bullish ahead of Fed policy clues.
Watch $1,410 (daily high) for breakout potential.
๐ Trade Plan (Bullish Setup)
Asset: XPT/USD (Platinum vs. U.S. Dollar)
Bias: Bullish (Pending Order Plan)
Breakout Entry: Watching $1400.00 โก (Resistance Breakout)
Layered Buy Entries (Thief Strategy):
$1380 (Layer 1)
$1390 (Layer 2)
$1400 (Layer 3 / Breakout Confirm)
(You can increase/adjust layering based on your own risk strategy โ set alerts on TradingView for breakout confirmation ๐ฒ)
Stop Loss (Thief SL): $1360.00 (after breakout confirmation).
Note: Adjust SL based on your own risk management โ not a fixed recommendation.
Target (Escape Point): $1460.00 ๐ฏ
Resistance + Overbought + Trap Zone โ exit with stolen money before the vault closes!
๐ก Why This Thief Plan?
Combines Thief Layer Strategy (multiple buy limits around breakout) with macro, fundamental, and sentiment drivers.
Breakout level @ $1400 is technically + psychologically key.
Layering ensures better risk-adjusted entry & scaling opportunities.
Target chosen at resistance/overbought zone โ escape before trap triggers.

It's moving up because there are targets in the buyside and we are stop hunting the low of the highest candle. Regardless of fundamentals this is a repeatably observed technical mechanic every session for decades ๐๐พ

We do have a bullish block supporting the range but for how long?
