We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few...
After a strong bullish start to the week, price seem to stall on Thu. Interestingly, this level is in the weekly & daily SZ. Fri saw a H4 impulse move down below Thu low. That's the first sign of bearishness. It was later confirm that Bear is trying to take control when price retrace back and show rejection of the intra day high, eventually closing near the low of...
Commercial producers in Platinum have been heavy sellers in the NYMEX contract lately. This action typically bodes poorly for Platinum prices shortly thereafter. Once the commercials get down to -50k contracts, this can be a good signal to short. Using this weeks "Eskom Power Shortage" news to open a new short position on the NYMEX PL contract.
In times passed,...
Platinum has been the slowest of the major precious metals to break-out (although Silver has been the most volatile), but the time to invest in Platinum is now. While these series of latest moves don't necessarily mean its bonafide bullish, the chart technicals tell the story.
When Platinum can hold above 1000, at that point we will see sharper moves to the...
With the issues in South Africa ongoing, and the generally bullishness in the wider PM market (even if gold and silver are taking a breather here) this may be a good entry.
There has been a habit of lower highs and lower los since September when the initial PM bull run backed off a bit so a conservative target for XPT is around $950, more aggressively the $982...
I just want to get this out there now right before the next big pop.
Metals are going to have a great year in 2020. Third quarter 2019 was the latest accumulation that will send up rocketing higher in 2020.
Platinum might even beat out silver during this next run up as investors look to diversify their investment grade precious metal portfolios.
Could we see platinum drop towards the beginning of this week?
With the trend of the past few months heavily respecting it's resistance I have a short bias when looking at Platinum.
What do you think? Will the trend break on the 4H before Christmas?
After a strong bearish close last Fri, Bulls mount an assault on Tue but failed with price making an attempt to go lower the next day. Currently we are seeing a possible bear flag. The SZ should be a good zone to go SHORT