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Platinum

Gold Ripper Rally Set For 8-16 into 8-20 Targeting $2575-$2650Have 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 be? US-Dollar? Foreign Markets? Some political or geo-political news? Something will send Gold upward $75-$100+ over the next 5+ days. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
8.3.2024 Platinum Weekend Pre Market AnalysisIt'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 analysis. Then dialing it down to the 3 minute or 15 minute to look for an entry!
NYMEX:PL1!
by MoneyDuck_Butch
1
XPTUSD Strong buy on this 1W MA50 rebound.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 above it. This has been followed with a strong green 1W candle this week, which we expect to be the technical rebound towards at least Resistance 1 if not a new Higher High. Our Target is slightly lower than this at 1095.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPTUSDLong
by TradingShot
Platinum A Complex Equilibrium - Unraveling Market DynamicsThe 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 catalyst market, introduces a countervailing force. This dynamic interplay between supply-demand fundamentals and technological disruption creates a challenging environment for market participants. Moreover, the geopolitical landscape, particularly in South Africa, the dominant platinum producer, adds an additional layer of complexity. Labor unrest, infrastructure challenges, and broader political instability in the region can significantly impact supply and, consequently, prices. The broader global geopolitical environment also plays a role, as tensions between major world powers can create uncertainty and market volatility. Despite these headwinds, the potential for inventory depletion and ongoing industrial demand suggest that the market may continue to exhibit bullish tendencies. Yet, the magnitude and timing of these bullish impulses will be contingent upon the evolving dynamics of supply, demand, and geopolitical risks. As such, market participants must adopt a nuanced perspective, carefully considering both the short-term and long-term implications of these interconnected factors. Essentially, the platinum market is a complex system characterized by non-linear relationships and feedback loops. Understanding these intricacies is crucial for developing effective investment and trading strategies.
FX_IDC:XPTUSDLong
by signalmastermind
Platinum is gonna rip! Buy calls on this company now!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 will be the number 1 platinum play, and platinum will out perform silver (if you can believe that).
NYSE:SBSWLong
by EmptyEternity
1
PLATINUM Massive profit last time. What's the next trade?Straight and plain success of our previous Platinum (XPTUSD) signal (April 24, see chart below), where we caught the exact Bullish Megaphone bottom and hit directly our 1060 Target: The price could now enter a consolidation phase, the last accumulation, similar to November 15 - December 15 2022, when after it touched the 1D MA50 (blue trend-line), it rallied to the bottom of the Resistance Zone. As a result, we are turning into buyers again, targeting 1100 (just below the Resistance Zone). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPTUSDLong
by TradingShot
Platinum's Seasonal Bearish Trend: Insights and StrategiesPlatinum is entering a seasonal period typically characterized by bearish sentiment, as observed consistently over the past 15 years during this time of year. This historical pattern suggests a tendency for the metal's price to decline during this period. From a technical analysis standpoint, the price is currently retesting the supply area, which coincides with significant resistance levels. This area also aligns with the 78% and 88.6% Fibonacci retracement levels, adding further weight to the resistance. Additionally, there is a notable RSI divergence, indicating a potential reversal or continuation of the bearish trend. Given these factors, we are considering a bearish setup for Platinum, leveraging the historical seasonality strategy. This approach aims to capitalize on the anticipated downward movement based on both technical indicators and long-term seasonal trends. By combining these insights, we aim to make informed trading decisions that align with the historical performance and current market signals.
ACTIVTRADES:PLATINUMShort
by FOREXN1
PLATINUM XPTUSD Bearish Robbery Plan to make money 🤑💰Hola Platinum Robbers, This is our master plan to Heist Bearish side of PLATINUM XPTUSD market. kindly please follow the plan i have mentioned in the chart focus on Short entry, New entry traders pls enter only in pullback of smaller timeframe then enter to rob the money. Our target is Green Zone that is High risk Dangerous area Consolidation will happen. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
OANDA:XPTUSDShort
by Thief_Trader
Platinum Supply Gap Widens: Johnson Matthey Report AnalysisJohnson Matthey's latest report on the platinum market reveals an impending supply deficit not seen in a decade, despite some expected declines in vehicle production. The shortfall, exceeding 600,000 ounces, is driven by sustained demand across industries like automotive and industrial applications, particularly in China. Key Points: - **Supply Shortfall**: The report predicts a substantial deficit in platinum supply due to maintenance issues in South African smelters and lower scrap stream volumes from end-of-life vehicles. - **Strong Demand**: Surprisingly, the automotive sector saw an 8% increase in platinum demand in 2023, mainly due to the slower-than-expected adoption of electric vehicles (EVs). Industrial applications in China also contributed to sustained demand. - **Price Implications**: Despite the supply-demand imbalance, platinum prices have remained relatively subdued, suggesting market complexities beyond simple supply constraints. Looking Ahead: The report warns of potential disruptions in South Africa, a crucial platinum producer, and uncertainties around EV adoption rates as key risks to watch. Nevertheless, the persistent supply deficit is expected to define the platinum market's near-term trajectory. (insert-link-here)
NYMEX:PL1!Long
by signalmastermind
Platinum: Examining Resistance Retests and Seasonal BehaviorThe recent movement in Platinum futures has seen a notable retest of the upper boundary of the range, coinciding with a resistance zone commonly referred to as "Supply." Our analytical approach begins at this critical juncture, where we factor in various elements, including the seasonal behavior observed in this precious metal over the past decade and a half. A meticulous examination of historical data reveals a consistent pattern wherein Platinum experiences a significant decline in value from May through July. This seasonal trend, observed over the course of the last 10 to 15 years, underscores the likelihood of a continued downturn in Platinum's value during this period. In light of this compelling historical precedent, we are inclined to anticipate a continuation of this seasonal pattern in the current market environment. Consequently, our focus is squarely on identifying and capitalizing on potential bearish opportunities. Specifically, we are actively seeking a setup that anticipates a local retest of the aforementioned resistance zone, which could serve as a catalyst for a reversal in price direction. By aligning our analysis with both technical and seasonal considerations, we aim to position ourselves strategically to navigate the evolving dynamics of the Platinum futures market.
NYMEX:PL1!Short
by FOREXN1
1
XPTUSD Strong Higher Low buy opportunity. 1D Golden Cross formedPlatinum (XPTUSD) gave us an excellent bottom buy signal last time (March 13, see chart below), as the metal entered a Channel Up pattern following the bottom just below 880.00: Currently we are on the 2nd Bearish Leg of the Bullish Megaphone pattern that emerged and will complete a Golden Cross on the 1D time-frame today. As per the December 02 2023 Golden Cross, which was formed after a similar rebound, but on a more aggressive Channel Up instead of a Megaphone, we should be expecting another Higher High near the 1.382 Fibonacci extension. Our Target is 1060. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XPTUSDLong
by TradingShot