Entry: 990 SL: 950 TP: 1185 RR: 5:1 Not a Financial Advice!!! ----- DYOR ------
DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy LONG Platinum (PL) My COT strategy has me on alert for long trades in PL if we get a confirmed bullish change of trend on the...
Platinum's insider was discovered! He was last seen at it on March 7th of this year, and platinum prices have jumped by 20% since then! Now, his target price is between $1100 and $1200 , representing a greater than 20% increase. There's some significant momentum going on there. We are keeping a close eye on it.
Platinum (XPTUSD) has been trading within a 1-year Channel Up pattern and on August 05 it priced the latest Higher Low on the pattern's bottom. Having already recovered the 1D MA50 (blue trend-line), we have a confirmed signal of the start of the new Bullish Leg. The last two major rallies rose by at least +20.86% and as such, our long-term Target is...
See here for Palladium which I am also keen on for Long-hold going into Mid-September. Note the monthly RSI oversold & starting to cross-up on the Oscillator The monthly Stochastic is doing the same! Below is a Weekly-chart for Palladium See my wedge lines broken in grey. See how price has crossed-up & wants to now move higher, backed by...
Palladium has recently experienced a significant rebound at a key demand area around $913, which could mark the beginning of a potential reversal. This price level has historically served as strong support, and its recent behavior suggests a shift in market sentiment. In addition to this technical observation, our analysis of the Commitment of Traders (COT)...
Platinum pre-market analysis. Setup out zones and levels to prep for the week ahead on Platinum. Look for structure setup on the lower timeframes to get into the trade.
Have you been following my research on GOLD? This next move will likely be a very strong Ripper-Rally where Gold will break through the dual Flag Apex and move dramatically higher over the next 5-10+ days. I will let this video tell you all you need to know. Remember, watch my Gold Dual-Leg Rally video too. I wonder what the "driver" of this rally in Gold will...
It's the weekend. I like to go out to my larger charts and clean off the entire chart and start analyzing the instrument for next weeks trading. We know that price is going to move up or down from where it currently is located, so we just need to make up a game plan to trade it.. Looking out at the 4 hour, 1 hour, and 15 minute charts for our trend and target...
Our April 24 analysis (see chart below) on Platinum (XPTUSD) saw us struck Gold as we caught the exact Bullish Megaphone bottom which hit our 1060 Target: The situation isn't all that different now as Platinum got close to those April levels, with last week's Low marginally breaking below the 1W MA50 (blue trend-line), managing however to close the candle...
The platinum market is currently navigating a complex equilibrium shaped by a confluence of factors. A persistent supply deficit, driven largely by robust industrial demand, particularly from the automotive sector, has exerted upward pressure on prices. However, the specter of electric vehicle adoption, a long-term threat to platinum demand in the automotive...
This short update highlights what I call the "Kamala Shakeout" - which is uncertainty and fear driving market trends over the past 48+ hours. Be prepared for a sudden and aggressive move to the inside in metals as uncertainty fades. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin...
Cup and Handle formed on Northam and the momentum is looking good for upside. As many brokers and market maker in SA don't allow trading PLatinum, the only next options we have are platinum stocks. So this one is one that is almost mimicking the precious metal. We are seeing price above 20 and 200MA. And this means it's a High probability analysis... Target R167.75
M Formation is now turning into a W Formation We never had the break down and now it is looking up, along with the platinum price. So we need to adjust course. Now we are waiting for a breakout above the Neckline of the W Formation then the next target will be around R126.27 Nature: High Probability Price>20 Price>200
Platinum analysis is looking great for a (Long) Buy And I am sure many platinum companies will follow with it. Pattern: Cup and Handle - Broken above Falling Wedge - Broken above Entry 1,019 Stop loss 971 Take profit 1,117 NATURE: HPT (High Probability Trade) Price>20 Price>200
Somebody just bought HALF of all of NYSE:JPM 's eligible SET:PLAT platinum!! This thing double bottomed with a slant, this is repeating the same structure. I think price could double for this month, fall down for a couple of months and then start jetting upwards. I'd buy long-dated calls for the long run, and maybe slightly OTM calls for August $8. This stock...
M Formation is easily turning into a Triple Top Price<20 Price>200 Need to wait for breakout for the confirmation. Then the first target will be at R38.07. It's a bearish outlook for platinum and is a downer for the commodity, but hopefully we get a stock market run up to counter for the drop.
Platinum has reached our beige Target Zone between $995.40 and $1026. Within this range, the price should place the high of beige wave (4) and enter a larger sell-off. If, on the other hand, there is a direct break of the resistance at $1105 (28% likely), we will still see the price in the green wave alt.X.