Platinum: Divergence Confirmed with Trendline BreakThis chart illustrates a notable divergence in Platinum, which has recently broken below a key trendline. This technical signal may indicate a potential reversal or shift in market sentiment.
PLATINUM: Best sell signal of the past 30 days.Platinum is heavily bullish on its 1D technical outlook (RSI = 65.879, MACD = 18.220, ADX = 36.308) as it trades on the bullish wave of the 2 month Channel Up. With the support of the 4H MA50, the price is very close to the top of the pattern. The bullish wave before that, topped upon a +12.17% rise
Platinum On Cusp of MAJOR BREAKOUT!!!! ABCDE Triangle CompletingI have been following this formation for about a year now...its been a nail bitter but now all the puzzle pieces are falling into place...Gold has gone parabolic, Silver is following suit, and Platinum...Well...Platinum is Coiled like a spring ready to take off any moment!!!...This is a 4 year conso
Platinum-XPT- Bearish reversalThis 4-Hour chart of Platinum shows recent price action and key technical indicators. Platinum has been in a bullish trend since the 9-October. Recently it broke a trend line and made a new 'Lower Low' breaking the previous 'Higher Low'.
Currently, it is forming a new 'Lower High'. If it breaks the
PLATINIUM / NEW BULLISH IMPULSE AHEADDear Trader,
I'm expecting for 1st step, at this moment from 930-950 area, the price gonna start Upward movement to 1060-1080. /TPs are for 2h/frame/!
Platinum: Relevance in Latin AmericaPlatinum (Ticker AT: PLATINUM) , a highly versatile precious metal, has experienced considerable price volatility, influenced by economic and geopolitical factors, as well as changes in industrial demand, especially in the automotive sector. Unlike gold, which is seen primarily as a safe haven, plat
Platinum - Daily Resistance Zone - Bearish Divergence CAPITALCOM:PLATINUM has reached a daily resistance zone and currently slowing down the bullish momentum since the support trend line is broken! Additionally, bearish divergence is also present on the chart and price action indicates incoming bearish momentum since the HL on 4 hr has been broken and
Platinum LongLooking to go long on Platinum/XPTUSD.
The metal market is now declining on some profit taking as all have done extremely well in the last month in percentage gain.
With fundamentals aligning cross the metal markets, pre election period, inflation dropping etc. Metals are still bullish, until the
Buying Platinum from 4 h demand zone - October 25th Qualifiers of Trade
1. Direction - Buy with the trend
2. 4 hours fresh demand zone, covered by Pivot arround 1,000 prive level
3. Risk to Reward 1 to 2
4. Recommend to take profits at 1,027
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XPT/USDPrice has broken above the higher timeframe highs and now we can look for shorts. I will be waiting for the 15m flag continuation to take for a reduced risk entry
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Displays a symbol's price movements over previous years to identify recurring trends.
