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CFDs on Platinum (US$ / OZ)CFDs on Platinum (US$ / OZ)CFDs on Platinum (US$ / OZ)

CFDs on Platinum (US$ / OZ)

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PLATINUM trade ideas

Platinum PlayThe continued trend upward is something to strongly consider. In the short term take a look at the drop to the mid to upper 960s. The longer, and much more patient play for those who can stomach it could be the two-year formation of a large 'cup with the handle' that the short term move will confirm. 960s could serve as your stop position with the buys set around current or slightly higher prices. Next week will reveal tell the tail as the candle formations as the technicals currently show platinum as overbought at the moment. Coming off of ten-year lows, the past six months has presented a buying opportunity as platinum is poised to head back toward the 1200-1600 range sooner than later. Other long information to consider beyond the technical analysis is the increased demand for platinum that will come from increased demand for precious metals for technological purposes. "While demand for platinum from the jewelry, automotive and industrial sectors was down in 2019, investor interest helped keep the gray metal in the green for most of the year, with the greatest price increase happening in the last four months of the year" according to Georgia Williams for InvestingNews.com on Dec.24, 2019.
FX_IDC:XPTUSDLong
by velogan
platinum Failed to keep that higher high at "A" platinum heading south to find more value Staying above 960 would be quite good as we will have just one more higher low on the chart which indicates uptrend. Failing to hold these levels we are going to find support back to that buy zone at 950- 956 BUT we do have a head and shoulder pattern forming as well that doesnt look exciting at all for the bulls , so I am prepared for even lower levels at 940 , 920 and 900s bellow that. These are levels that I am likely to load on my long position as I am generally bullish on platinum on the long term .
TVC:PLATINUM
by django2
XPTUSD: Potential H&S in the making?Price has reached the target as analyse through my last post(). Presently, we are seeing some bullish action. But I believe that we are still on a downtrend. Will be looking for price action at the indicated QML to go SHORT. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XPTUSDShort
by OFPA_FX
XPTUSD - Are the bears done?XPTUSD has made a real bearish structure since running in the highs of 1041, forming Lower Highs and Lower Lows. Thus i would not advice looking for any buys until we break these structures with bullish price action. This been said I see an area of interest where price could reject and have the potential to turn bullish and reverse. On the daily TF a bottom has been formed where price has spiked through. For any potential on reversal price must hold 953-950 region. Safest entry for a bullish entry would be with a break and retest of previous swing high. If price fails to hold this level i would continue to sell on retracements. ~Gratz TopTok
OANDA:XPTUSD
by Toptok
Platinum XPT/USD (Massive Drop is on the way?)View On Platinum XPT/USD (26 JAN 2020) We are expecting a massive devaluation in Platinum is coming up. It may be a lil too early right now but the chance of it going down is higher. It can $960 region can be a good target/ DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:XPTUSD
by SonicDeejay