XPTUSD SHORT AREA DEDECTEDLooking at the chart I have dedected a nice area to go short, currently price is inside of it, also found two possible TP area´sShortby MarketRockstars5
Platinum Long term uptrendThere's lots of bullish signs in all timeframes for platinum to go up, especially on the Monthly. I have a good feeling about this often forgotten precious metal. I can easily see a 35% increase from the time of publishing this idea. I will update on the progress as time goes on.Longby KinaibhlanUpdated 5
PLATINUM Golden CrossRecently platinum has broken the downtrend, and made a nice upward move setting up this golden cross on the weekly chart, its as simple as that.. upsides can be expected as a result of this. Happy New Year from Australia :Dby Bixley335
Platinum Top on the Way..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, any news relating to a South African miner's strike or a Eskom Power issue typically results in a 2-3 day price jump which is short lived as the producers come in to sell it back down. Will add additional contracts every $10 higher. Profit target is when the commercials have covered contracts (or have delivered metal) back into the -20k range which likely means the $780 to $800 range.Shortby kaotic363Updated 4
Platinum to Blow Higher in 2020 in a Big Way: Don't Miss It!Platinum, alongside Gold and Silver are one of my top outperforming sectors for 2020. However, Platinum is incredibly undervalued and has ALOT of catching up to do. I believe Platinum will do what Palladium did and quietly run up at-least 35-40% in 2020 (possibly 50-60%) with very little slowing down until it reaches at-least 1700-1800. In fact, I wouldn't be surprised if Platinum and Gold finish close together by the beginning of 2021 nearing 1700-1800 USD/oz. One of most attractive parts of Platinum (technically speaking) is Gold and Silver move together, however, Platinum can move independently. Further, Platinum is "rarer" and "harder to mine" than Gold and Silver but typically doesn't act as a monetary hedge like Gold does. What this means is when its "time" for precious metals to run, Platinum can run parabolically at any-time. In my opinion you can't go wrong investing in Gold/Silver/Platinum bullion and choosing 1 high quality mining stock of each. A lot of people have messaged me asking to post my top performing sectors for 2020 and my list are as follows: 1) Canadian energy (Enbridge, TRP and Canadian Natural Resources) 2) IIPR (Cannabis REIT) 3) Precious Metals (Gold, Silver, Platinum) 4) US Technology For Platinum the only stock you want to be in is Impala Platinum. And for Platinum bullion you want PPLT. - zSplitLongby PaulDeep1913117
XPT/USD - BUYWe have nice retracemant of 61.8 Fibo level , and now we have engulfing bar !Longby ForexTrainingBG5
Platinum is offering a joyride soonOn the contrary with my Palladium trade idea, the Platinum too has broken out of its long term bearish trend line since Mar 08 at 2298 price level. To be able to grab this buy opportunity after 11 years of waiting is indeed a God's sent blessing. And imagine if it would to go up to the desired target at 1287, the profits is lucrative indeed. My oh my, would you join me in this ride up or would you stay on the side ? Longby dchua1969Updated 4
We hit XPT with 944. What's next?After our successful plan last time and hit even more than we anticipated. So what now? Our short term plan is to have a small correction as low as 915. Then we go up again for the midterm. As Platinum is quite volatile, short term against the main trend is very risky so we refrain from entering it. With low leverage, it can be tried like this: Entry: 935 Stop: 944 Final target: 919. Remember that the bigger time-frames signal us that it will surge but the likelihood of correction before moving up is pretty high.Shortby UpbeatFXUpdated 5
simultaneaous sell off in Pt PdIt began in Palladium fits, then the sell off in Pt followed ! This happened independent of Au Ag. like ship ans sub, or cat and mouse. . . things to ponder by astroobserver7
Pt 'normal' trade. Platinum has been trading naturally during this week. End of week trading might ring a dump. It seems to have come on Tuesday. Pt dipped below 920. That was unexpected. Shallow Double Black parabola ( convex ) has proved to be a guide. just below it is Dashed Black. ( concave ) White ovals indicate foreshadowing; Yet the price level is no higher than the previous local High. Longby astroobserverUpdated 5
Could Platinum Outpace Gold in 2020. Very Likely.The talk of 2019 was about the sharp move (on a relative basis) for Gold and Silver at first. However, lurking in the forest was Palladium which to may peoples surprise, surged 50-60% to over 2000. While it has pulled back a little, I believe it will continue to move higher after Q1 2020 and peak around 2400 sometime in 2020 before some sort of consolidation and semi-aggressive pullback. Platinum has certainly been the loner of precious metals for any sort of 'big move' however, that should change in 2020. I have heard several reports that there is significant demand rising in Asia for Platinum in terms of jewelry and other uses which will drive the price higher when the big whales decide to take it as such. Also interestingly enough, Platinum is also "rarer" and "harder to mine" compared to Gold. From the past technicals we can see when Platinum starts to go - it really goes. While Gold is clearly the most well-known monetary hedge, my bet is on Platinum making the most significant run in 2020 in terms of percentage yearly gain. Considering how suppressed it is, all it needs is a little boost to send it soaring. For those who have followed my ideas, I have been harping on Impala Platinum for the last 6 months back when it was 6.00. It is currently over 10.00 and up over 240% YTD. You want to be in Gold and Platinum in my opinion right now. Gold for the monetary hedge and Platinum for the nearish to mid-term future explosive growth. Silver is correlated to Gold and more volatile, so investors can make an informed choice. - zSplitLongby PaulDeep1913111
Platinum Short SetupHi guys, the Platinum is doing a correction right now and we will look for sell setups on a lower degree time frame in order to enter the trades. Please use reasonable risk management in order to trade this. Back-test your entry strategies like crazy before putting in the money. Thanks A Million Times For Your Support & Trade With Care Shortby Luvolwethu2
A new golden age for Platinum?end of triangle + breakout and pullback We can observe multiple bullish harmonic And there is a nice accumulation from July 2018 to now (december 2019) The price will possibly rise to 1901 at least And maybe to a new all time highLongby jeanneymar0110018
PLATINUM PLAY WITH PENGUINS TOO ;) XPTUSD 14/12/2019 Hello Traders! 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 different types of reactions from this level Target sign - the first target to focus on Thunder sign - spot to react - possible jump to push into reversal Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL! by Snipers-Academy16
XPTUSD: Potential SHORT TradeAfter 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 the day. A strong confirmation will be a D1 close below Wed low. Will be looking for a SHORT trade on pull back with rejection of Thu high with target to last week DZ. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.Shortby OFPA_FX4