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Platinumlongterm

Platinum: Time to Buy?I think no. Price is currently consolidating around the $1017 level after breaking the $998 strong resistance. $1017 is now a stronger resistance. Platinum broke it in June 2016 and tried to recover it at least four times with no success. My view is a retracement to the EMA 50 level. If you like this idea, don't forget to hit the Like Button! Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. I am not a financial advisor.
OANDA:XPTUSDShort
by Investing_Fellow
Platinum: TA for VIP memberHere's requested TA for one of our V.I.P members. We're don't trade this CFD so this is purley technicals on the fly. Plat is one where you have a falling wedge that could develop and a break above the upper trendline that could be of interest. For now its choppy and the risk is in the immediate future since we're still declining in the longtime time frame and that will continue to fall to the downsie (ownside break). Trade at your own risk!
TVC:PLATINUMLong
by UnknownUnicorn3442968
PLATINUM TO GO 'LONG' FOR YEARS COMINGAfter studying market on the Monthly (1M) view I strongly believe Platinum has bottomed out and headed up with indication of trend reversal to follow in the coming weeks. Last time the market hit this low was in 2008, however, came quite close in 2016. I highly doubt there will be much further downtrend below 760.99 but I do remain prepared for such a possibility. Price target to bottom out reached; 1st horizontal line in yellow - 803.58 2nd horizontal line in yellow - 760.99 Further downtrend & not so likely in my opinion; 3rd yellow line 596.34 4th yellow line 403.37 Please study your indicators understand some, as they would help you determine a suitable entry point. use lower timeframe views such, Weekly and Daily view for a suitable entry point to go uptrend. Also, do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire.
TVC:PLATINUMLong
by Dani0
2
Platinum is moving to 18-months lowPlatinum is moving to 18-months low Take a look on daily chart there you can see, that 6 days ago price break down key level $878.77 and D1 close under it. It shows that big players have enough power to move it down. I think the price will continue to move down to key buy zone $813.59. On a weekly chart, we see that it is 18 Months low. Under that level, many traders hide their stops. Big players must hit it before the will turn up a trend. Near $813.59 Only I will look for a Buy. You need to know that the safest scenario will be if the price will make a fake break of $813.59 and D1 close upper it. That will be a signal for long-term buy with a goal: $1010 or $1180 Daily chart:
TVC:PLATINUMLong
by Yuriy_Bishko
1
Platinum - LongAlthough platinum is considered a safe haven, it also thrives in a productive economy. This gives it a great chance to do well during 2017, as people will turn to precious metals during times of uncertainty (which there will be a lot of in 2017), and with Trump wanting to spend like crazy on industrials (emissions control amongst other uses), this could propel platinum. We also received a bullish car sales report today, as an increase in car sales means more catalytic converters will need to be built, which requires platinum. There is also bearish divergence in the RSI.
OANDA:XPTUSDLong
by GeorgeJimas