Platinum Futures Bounce Off Long Term Level Platinum futures just successfully tested a 33 year old support/resistance level at $650-$800. Price is moving hard now (allegedly on China stimulus news) and a challenge of the ~$1,200 area in the next weeks to months looks highly plausible. Entering a long now isn't optimal, but a pullback towards or below $800 is much better. Longby TechnicallyCryptoUpdated 113
Platinum- The rocket you wish you hopped on. After slicing the charts 100x different ways I am extremely bullish. Some of these targets are far out of reality, and don't make sense. By 2025 it will. But for the time being the gains shown are just approximations of where price will be somewhere in time. I did not incorporate how long it would take to get there. This is by no means financial advice, just some thoughts on a PRECIOUS metal thats a SAFE HAVEN, called PRECIOUS METAL, and they are PRECIOUS. For oh SO many reasons. Longby SKYLOBSTER6
I got my eye on you platinum!!Jez what crazy PA!!! This is not financial advice. Personally I am going long and buying the higher higher highs- cuz that’s what ballers do. What is presented above it if PL DOES in-fact do what my research says it should.Longby SKYLOBSTER1
Platinum Trading at 2008 LevelsDescending Triangle doesn't look great. However, has been violated recently, bringing along a new formation to test.by GoodTexture2
Platinum / Palladium Ratio Breakout from Falling WedgeWeekly chart Platinum / Palladium ratio. Clear sign of a breakout / retest from the falling wedge after testing all time lows from 2001. Supports continuation of platinum bullish breakout. Will post long term chart in the comments to show potential upside. Price of platinum broke above two key resistance points today. Extremely undervalued from a historical standpoint.Longby cccpKGB1113
$PLATINUM moving towards next level of 1000$This is a very long term chart of the Platinum price spanning 2 decades. Interesting how the base has now firmed off the horizontal support level of $750-$800. Looks like we should move to $1000 next which is where price will meet the downtrend resistance which has been in place since the tops in 2008. Should $1000 break (which will be big), we can then expect a move to the next level around $1200 which also coincides with a previous top of 2016 as well as the 200 month moving average.Longby MarcoOlevano9
Platinum just getting started!Finally breaking the downtrend over the last 5 years.Longby DallasFX112
PLV2019 SHORT TERM BULLISHIf PLV2019 can tests upper S&R Zone and close above 859.0 expect a bullish momentum to TP at 870. Strong showing can continue. But this may be just a short term window as stochastics are peaking at the overbought level. Go long and take opportunity. Exit upon any sign of weakness.Longby AbdulRazaq2
Platinum 9/8/2019Potential testing the resistance before going down to strong support near 848 areaby ShahRidzal112
XPTUSD updateHello to Everyone! This is platinum update. xpt is breaking all time highs as mentioned in previous xpt analysis. Now If market breaks 918 zone then it can go upto 980. Hope it is going to break that zone. Best wishes. Longby saqibrajaforexgroup4
PLV19 supershow!Break above EMA14 SMA50 and SMA150 and strong enough to carry to the next trading session? Was looking at CLU19 and missed this totally :-(Longby AbdulRazaqUpdated 1
Platinum Long Bias Welcome to everyone! Recently we have given a very small short based signal. Check the linked post. Now XPT is turning to the longs mode. So longs bias right now on platinum. enjoy the weekend. Happy Trading.Longby saqibrajaforexgroup1
PL Short- Day - 7/8Entry: $823.4, SL: $826.50, Target $810 A bit worried that my SL is too tight, my alternative SL would be $829-$830 region which might be appropriate. The chart could go much lower than $790-800 level if $810 is broken so the Risk-reward might make sense from that stand point. Shortby muis2Updated 1
Platinum Short BiasSo it dropped as mentioned in my previous analysis. Check the linked post. Happy TradingShortby saqibrajaforexgroup112
Short PL - Day TradePL making lower lows and lower highs Short at yesterday's close with SL at 846, target 834 (40 WMA - where there was quite a bit of traffic i.e. volume) Daily ATR: 14.5Shortby muis2Updated 113
Platinum buy signalsPlatinum (PL), Monthly chart: 15 years long(!) support zone + Divergence on RSI(14) + Harami candle pattern. BUT we didn't break resistance line yetLongby Dmitry_Nikolaev5
Platinum short biasWelcome to everyone. i just want to share a small thing here about xptusd. There is daily strong supply CP which would actually take some time to break. How it is strong? Because zone 1 (said CP) have been broken the previous strong demand (zone2). There are some rules in supply and demand which we follow strictly that never allows right now to go long more. Lets see what gonna happen. Happy Trading. Shortby saqibrajaforexgroup2
EPLV19 STRONG BULLISH MOMENTUMUsing the downloadable TUX EMA and CCI platinum is regaining lost ground. Strong rebound above EMA 5, EMA 14, SMA 50 and SMA 150. At time of publishing, target nearest TP at 828.2. Let's see how this fares! Godspeed.by AbdulRazaq3
Platinum continuation after consolidation?Not financial advice. I’m not a financial advisor. I’m learning to trade. Learn to trade! Looking like confirmation of a breakdown from bear pennant. Target @ the 755 region Possibility of a pullback to pattern apex with moving averages above as resistance Shortby Thinkorsink4
PL ready to move up?Platinum's pattern is less clear to me because of the double overlapping 1-2s from middle of 2017. It is retested the long term downward sloping trend and has made a move up significantly as of my writing today. It is testing the downward sloping line it created since the beginning of map. Looks like it will make an attempt at the 200dma. Overall I'm leaning towards a long like Silver & Gold. Longby muis2Updated 2