ABCDE Triangle Wave. Getting Close to Buy Zone!looks like platinum is going to drop to $850 to finish ABCDE triangle wave transitioning into a big move to the upside. Target $1600
About Platinum Spot
Platinum as an investment has a much shorter history in the financial sector than does either gold or silver, which were known to ancient civilizations. Experts posit that platinum is about 15-20 times scarcer than gold, on the basis of annual mine production. Because of this fact, platinum has nearly always tended to sell at a significant price premium to gold. More than 75% of global platinum is mined in South Africa.
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices.
The price of platinum changes along with its supply and demand; during periods of sustained economic stability and growth, the price of platinum tends to be as much as twice the price of gold; whereas, during periods of economic uncertainty, the price of platinum tends to decrease because of reduced demand, falling below the price of gold, partly due to increased gold prices.
Platinum - Outlook for 2025Trade Idea:
After falling wedge Breakout and retest
BUY at 947
TP 1020
SL 910
Platinum in deep consolidation TerritoryThe 70% to drop after my Nov 18th post turned out to be 100%
Now we are in deep consolidation going into the closing of this yearly candle
I predict we will drop further coming into the year but a sweep of the highs first.
There is actually no real way to predict which side will unload 1st to sta
XPT/ USD "PLATINUM" Metals Market Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XPT/ USD "PLATINUM" Metals Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dang
PLATINIUM / POTENTIAL REVERSAL AREA ! I believe we are extremely close to the start of a new Extremely Strong Uptrend. Our first target is a break of 1090, so I don't put other less important TPs.
I wish you good luck!
PLATINUM Huge buy opportunity at the bottom of the Channel Up.Platinum (XPTUSD) has been trading within a Channel Up for almost 1.5 year and currently it is testing the pattern's bottom. This process is similar to the Lower Lows bottom sequence of February 12 2024.
As you can see, even the 1D MACD fractals are the same and we are about to post the decisive Bu
Platinum Trading range for long and short opportunitiesPlatinum is a highly traded commodity known for its volatility and cyclical price movements. By combining short-term Bollinger Bands with medium-to-long-term trendlines, traders can better identify profitable entry and exit points. In this analysis, we’ll break down the provided chart to highlight k
Bullish movePlatinum ranges within the monthly frame and may find bullish pressure after stabilising above 900.00 due to the cessation of the bearish move. The nearby resistance barriers may be the target for the current and potential upside move. Failure to continue up and stabilising under 900.00, may lead th
Platinum: Bullish Flag FormationPlatinum has formed a bullish flag pattern, indicating potential upward momentum. This technical setup suggests a continuation of the previous upward trend, making it a promising opportunity for traders.
Platinum Buy Idea Platinum Buy idea.
As the trend line has been broken and there has been retest , so there is possibility of Platinuim rising. So here is buy idea with TP1 and TP2 along with SL.
See all ideasÂ
Displays a symbol's price movements over previous years to identify recurring trends.
