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Platinum

Opportunity in Platinum for a long term tradePlatinum price is severely depressed compared to Gold price. It is now close to its 2009 multi-year bottom around 760$ per ounce. In the long run this is a trade with great risk/reward potential. I am playing here with an outlook for a 1000$ target which is 200$ from the current levels or close to 25%. Of course somebody with more long-term horizon can stay with the trade for much much higher gains. Even 2000$ is not impossible in next 3-5 years.
TVC:PLATINUMLong
by auroraspot
GOLD and PLATINUM Long term projectionPLATINUM At top chart we can se platinum almost hit major support at 880.94 We can set buy long and aim for resistance level as target at 952 Use stoploss if major support break down. GOLD At bottom chart we can see gold almost reach classic and support level at 1453.38 Base on correlation platinum and gold, we can set buy long and aim for resistance level at 1503 as target. Careful if 1453 break down, coz we have very far support at 1403 Are platinum able to help gold from bearish movement?
TVC:GOLDLong
by AzrulAzir
Platinum (XPTUSD): Bullish Megaphone towards a new Higher High.Platinum posted a strong rebound on the 871.00 October 2nd low and is currently rising on 1D (RSI = 62.934, MACD = 2.660, Highs/Lows = 16.6714) towards a new Higher High. The Higher High is designated by the 1M Megaphone pattern it has been trading within since August 2018. The 1D RSI patterns suggest that a new bullish leg may start without needing to make a Higher Low. Our Target Zone is 1,020 - 1,040. Keep in mind that XPTUSD has just initiated its new multiyear Bull Cycle, and we consider it a top investment in the coming years, a matter we analyzed on our long term analysis below: ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
FX_IDC:XPTUSDLong
by InvestingScope
2
31 October 2019 - Platinum - 10 year breakout Might seem a bit optimistic, but it's clear that Platinum has broken out of its 10 year downward-sideways triangle range... Fundamentally this is due to a number of factors: Reason #1: Supply is dropping mainly in Russia and South Africa ~ Impala is cutting over 13,000 jobs ' ~ Shafts are reducing from 11 to six ~ Lonmin is cutting over 5,270 jobs Reason #2: Demand is pumping ~ Platinum demand has picked up over 660,000 ounces compared to last year ~ Impala platinum is paying dividends ~ Platinum companies are considering fund acquisitions and share buy backs. Reason #3: Crucial $780 is dirt cheap and buying is picking up pushing the price up... Thoughts? Will update as things progress, I do see a number of platinum companies lining up breakout patterns,
OANDA:XPTUSDLong
by Timonrosso
IMPALA: A Precious Metals Holder for DecadesImpala is one of the largest Platinum producers in the world, and an extremely cheap stock when one studies their balance sheet. South African in descent, this company has made some exceptional acquisitions with the latest in North American Palladium (Ticker: PDL; Canadian producer in Thunder Bay, Ontario) which is one of the top producing Palladium mines in the world. Palladium's necessity is expected to increase tremendously in book price over the long term as the world turns to a more "cleaner" form of transportation. With Platinum still somewhat stagnant, now is the time to invest in IMPALA as once Platinum breaks 1000.00 USD/oz in the next month this stock will take off. Short interest in this company is also decreasing significantly and once they become more extinguished, the price will tick higher drastically.; this company also offers exposure to other metals like Rhodium. This is one of the most stable stocks on the market. Moreover, because of their significant acquisitions over the past 5-10 years, this is a stock to hold not just for this upcoming precious metals bull run, but also for ever, as Palladium for example will continue to be "in need" for decades to come for catalytic converters, hydrogen fuel cells and medical equipment. - zSplit
OTC:IMPUYLong
by PaulDeep19131
2
AAL.L (Anglo American Plc) target 2,100 from weekend quote $1,69**Defensive stock to consider is AAL.L (Anglo American Plc) quoted AUG-17 $1,698.** Reason being XAU / USD (Gold / US Dollar) prices have elevated and appear poised to continue to range above $1,400 with a 1-3 month outlook. Dividend growth (5% yield) reflects metals rally and may continue. Market cap 23.5-BLN means it is quite defensive as pure equity play. **Debt only 3-BLN. Earnings 8-BLN. Assets exceed liabilities greatly.** **"Industry: Industrial Metals & Minerals** Full Time Employees: 64,000" Gold on the rise, global growth slowdown may not reverse trend in production cost which could lead to Platinum rising in shadow of Gold; versus the US Dollar. Company (AAL.L) revenue rose dramatically more than cost of revenue since 2016 (3 years), an advantage offered by the current market climate (inflation lacking) I deem. Liabilities being much less than assets makes this an indestructible defensive play. **Platinum group metals are in a strong bullish trend, being rare basic industrial materials this may continue.** "Platinum group metals" includes: Platinum, Rhodium, Palladium, Iridium, Osmium, Ruthenium. Long-term copper price risk is to the upside. Refer to recession '08 Copper prices. **"Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys."** **Nickel is up 20% in the past 3 months.** Credit Suisse upgraded to "Outperform" from "Neutral" 5/3/2019. Today is 8/17/2019. **AAL.L (Anglo American Plc) target 2,100 from weekend quote $1,698 for a 23% difference** and a duration of 1-6 months, **estimate 2-3 months**. This creates possibility of receiving its' dividend of approximately 3% in addition.
LSE:AALLong
by AUDvantages
Platinum: Top investment for the coming years.In our search for solid long term investments in the coming years we have decided to share our long term outlook on Platinum. Technically it recently broke above a 3 year Falling Wedge turning bullish on the monthly chart an effect that has since receded as it pulled back on the 1,000 mark (RSI = 50.285, MACD = -8.660, ADX = 25.926, Highs/Lows = 11.4571). If the 1W MA50 holds this pull back and another spike prints a Golden Cross, then we may come across a unique multi year buy opportunity on Platinum as most parameters will be similar to the late 90's Golden Cross pattern when the metal entered a hyper strong Bull Cycle. The target will be 2-3 times the initial value. We wish to add at this point that Platinum has fairly reliable pointers both on the short and long term and thanks to that most of our latest XPTUSD signals have met their target on high quality patterns. You can get an idea of those below: ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYMEX:PL1!Long
by InvestingScope
Commodities are Getting Ready to POP!!Gold typically leads commodities by a few months and so given the surges and breakouts in gold, silver, and platinum, I think the CRB index is next. Looking at the chart, its clear this is a chart that has been gradually shifting in trends. In my opinion, most of the heavy selling is over. CRB index has been forming a sexy looking base and looks like it could begin surging. Timing wise, this coincides perfectly with the Fed & central banks globally beginning new easing cycles. Its still early, as the breakout has not started, but its looking ready to get its first real pop sooner rather than later. In my view the CRB index presents tremendous value over the next several years, especially now at these ridiculously suppressed prices.
TVC:TRJEFFCRBLong
by Ludwig_Von_Mises
3
Platinum, interesting descending trianglePlatinum was the king of metals just a few years ago (in terms of price, not at all market cap!) Gold has since then delivered a knockout to platinum and showed once again that gold = the true king. The gold/silver-ratio shows that silver and other alternative metals are outpacing gold in this recent rally and that a shift might be emerging. With all the global economic panic, negative yield-crisis, stock markets being in a parabolic bull run for an overextended period of time now. Precious metals will be more and more interesting to watch everyday. Platinum however has been somewhat shy this rally. Looking at the chart we can see a descending triangle in the making for about 10 years! I know a descending triangle is often a bearish sign.. but.. Looking at the 50 month moving average we can see that the price of platinum is trapped between this ma and the upper trend line of the descending triangle. This makes the change of a break upward very very likely in my opinion. Strategy: I am deversifying my gold holdings (for long term) in silver for a good swing trade on the gold/silver-ratio and i am also taking a close look at platinum. If the 50 month ma is proves itself strong and platinum breaks above 1000 dollars (out of the triangle) then this will be a very interesting trade. If the triangle does not break upward then an opportunity to buy at the base support level of around 800 usd might emerge. Lets see what the market decides to do! I can't wait...
TVC:PLATINUMLong
by Mister_Anderson
Time to Accumulate Gold and Silver Miners on Metals Pullback It is always important to keep one’s mind open and to consider all possibilities. At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally breaking lower, silver looks poised to outperform on this next leg up. I am not actively shorting the metals, merely patiently waiting for this opportunity to accumulate even more shares in my list of miners. However, given the current state of affairs around the world, it is entirely possible this pullback never comes and that we move higher from here. I am hedged against that possibility by being presently invested and continuously adding to my investments in junior & small cap miners. In my opinion, if this scenario plays out where gold does not correct first, it will ultimately not be ideal for gold long-term and will likely result in a painful crash in the metals.
FX_IDC:XAUUSD
by Ludwig_Von_Mises
Platinum - Consolidation / Price At Support LevelXPTUSD sitting at support level from recent consolidation. Also, back-testing descending trend-line from previous breakout. Resistance is up near $1960, offering a decent RR setup, depending on where on places their stop. One final consideration.... We're heading into seasonal strength. While there are many fundamental details to consider, I like the odds posted below and I don't mind being a few days early. ;) Platinum Futures Continuous Contract Seasonality Analysis has revealed that with a buy date of October 4 and a sell date of May 23, investors have benefited from a total return of 761.53% over the last 10 years. This scenario has shown positive results in 10 of those periods. www.equityclock.com Lonf from $930
OANDA:XPTUSDLong
by cccpKGB1