Platinum / U.S. Dollar

OANDA

XPTUSD

Platinum is approaching important crossroads on 1M. Trading on a long term 1M Channel Down (RSI = 50.828, MACD = -31.030, Highs/Lows = 27.2071), the very bullish 1W leg is closing in on the Lower High of the 1M Channel Down on overbought 1D action (RSI = 73.845). Technically we should be expecting a rejection towards the 1M Support Zone. But since this Support...

biseau et divergence macd sur time frame weekly

Hello traders: Looking at XPTUSD's 4 hr time frame, price developed a nice flag pattern, and is ready for the breakout to the upside for bullish continuation. Stop below the flag formation, looking for 1.5/1 R:R ratio as the first target.

- Price is at a strong weekly resistance - RSI represents an overbought condition on the daily - Wait for price action to go short Trading with the trend.

XPTUSD Again Buy

PLATINUM TRADING UPWARDS. BOUNCED OF MY SUPPORT LINE OF 875 AND HAS CONTINUED TO PUSH THROUGH THE DOWN TREND. THIS BREAKOUT SHOULD TAKE US TO NEW HIGHS.

Pattern: Ascending Triangle on 1D. Signal: Bullish as the price made a Higher Low. Target: 874.00 (the 1D Resistance Zone).

After trading roughly 11 months below the multi-year S/R zone, bulls have now successfully pushed the price of this precious metal back above the key resistance, which is now being tested as support. Trending Analysis The current pullback should be of interest to bulls as it can offer potential buying opportunities in anticipation of a possible bullish continuation north.

Price structure is suggesting another bullish leg at least to the top. We will be watching price action then decide to take the trade long

Hi! I am basing this Idea only on price action and support/resistance/Fibo. My opinion is that we may be facing a good opportunity to buy XPTUSD at around 880, which coincides with 38.2 Fibo since Platinum has already broken in weekly candles the last down trending line. There can be also a more aggressive pullback to the line itself, at around 856, which...

A weekly close above the black trendline would likely lead to a retest of dotted magenta resistance at $1011.xx

beginning of wave C MACD divergence on the 1M

XPTUSD Has Big Potential to Rise ( P to R3 )

1.UPTREND 2. ON NEW SWING 3.SIGNAL = BULLISH OUTSIDE CANDLE

Good weekend everyone, Quick look at platinum OANDA:XPTUSD ; WEEKLY: As we can see on weekly chart (right on top) platinum is on a downtrend since 2016 and show no bullish signals so far, again rejected the descending trendline. DAILY: On our daily chart (bottom) we see that ~875 usd level has been a strong resistance level, tested 4times now and was a...

Support and Resistance

Short now

Possibly Downward, But Maybe Upward I dont Know LOL