CFDs on Platinum (US$ / OZ) TVC:​PLATINUM

The current state of the Jag is dismal. It appears that there is a Paper driven, downward pressure on the price of platinum . Otherwise Orange parabolic channel would have bloomed as the 2018 -2011 bull run. Is someone trying to break the S. African Miners?

or new lows

Hello folks, Last week I posted an idea after performing basic techniques of Technical Analysis on the Platinum chart. The price accomplished a perfect reverse head and shoulders, Chaikin Oscillator is in uptrend and with Fibonacci Time Zone I identified the frequency of the uptrend pulses. I expect price to break out the ascending triangle (started at 10 of...

I see it this Jag going to Bold Dashed Black. The whole local movement is at the top of the Solid Green Horn. it is difficult to see it in the Solid Green cone at this scale, it is well rooted in a curious tight episode of the jag autumn '17 to Spring '18. If Platinum takes off the the Gold to Platinum will trade along the lesser Dashed Black Curve, at the...

Time to buy first target 840 .. Pattern complete and bullish divergence on the 4 hour timeframe

Trade Alert Platinum is showing signs that it could travel higher in the near future, because it is now breaking the short-term tentative downside resistance line, taken from the high of the 10th of January. If the price gets above R1 today, we will then target the next potential area of resistance at around 815.00 level. Certainly, if that area fails to withhold...

Additional observation on Platinum.

The latest rally in Platinum is not like other recent market swings. The Platinum Jag looks more like the Palladium Price action. Palladium has been rising longer, but bow the character of the Platinum at its price point looks like the Palladium at its price point. that's from my own observations. Platinum is poised to reach 900. At current price level Platinum...

The Jag leaped put of its little blue channel and may have heard lower Green, 820s i know there are man lines here. . . watch solid purple. Solid has been resistance, not lately . Along Solid Purple is Solid Yellow. 835 Solid Blue, the local parabolic trend.

Trade Alert Looking at the daily chart of Platinum, the precious metal is trading below the medium-term upside support line taken from the low of August. For now we stay put, but if the price falls below the 780 hurdle and the daily candle closes below it as well, we sill then target slightly lower areas, like the 765, or even the 755. If Platinum gets back...

The precious metal is currently balancing slightly below its medium-term upside support line, taken from the lowest point of August last year. In order to consider the upside again, we need a firm move, not only back above the aforementioned upside support line, but also above the psychological 800 barrier. If the price continues sliding and falls below the 780...

It likes the curve its on, I don't. unless your a late hedger. then its a move.

Is this up? just now Platinum ha been non performing asset for many months. Perhaps now that Palladium is at a level where it is at satisfying levels to S. African Producers, the Pulp Pressure on Platinum will let off. A is a local Parabolic channel, Lime has precipitated. This points to a return to long term parabolic trend Solid Yellow. The Purple...

just now Platinum ha been non performing asset for many months. Perhaps now that Palladium is at a level where it is at satisfying levels to S. African Producers, the Pulp Pressure on Platinum will let off. A is a local Parabolic channel, Lime has precipitated. This points to a return to long term parabolic trend Solid Yellow. The Purple intersecting Parabolas ,...

Update to yesterdays chart. A new 'abola has precipitated : A ( drawn in Solid Orange. The Platinum Jag is climbing along A( Convex Solid Orange . It is meting resistance in Thin Blue B( . It sprouted straight past thin Black C( It can and probably will, rise towards Solid Yellow long tern trend.

Not a simple graph. It looks to be rising. I would like it to rise above Solid Yellow . toes crossed

I couldn't help but notice the pattern having spent a lot of time looking for these in years past. Some may be familiar with these. For those who are not, there is info out there readily available. I would start with Jerry War's work which I followed closely.

Trying to figure out the evolution of the trend, we approached a strong historical support + bull triangle pattern + MACD & Signal + low volumes on bearish movement.... All this let me suppose a possible uptrend, unluckily we don't have confirmation from RSI and Put/Call Ratio. What do you think about it? :)