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 $1600by GoldAddict3
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 start the volatility so we remain cautious and super suspicious of the low volume going into the new yearby HollywooodTrades0
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 Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss 🛑 : Recent Swing Low using 2H timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂Longby Thief_TraderUpdated 5
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!Longby PpetroeRUpdated 225
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 Bullish Cross that signals the buy. As long as the price remains below the 1D MA50 (blue trend-line), it is a huge long-term buy opportunity. The previous Bullish Leg hit the 1.236 Fibonacci extension within the Channel Up and peaked above it on the 1.5 Fib ext. As a result, our technical Target is on the modest 1.236 Fib at 1090. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot11
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 key trading opportunities for Platinum. Chart Overview: Key Components Bollinger Bands: Short-term indicators of price volatility and overbought/oversold conditions. Support Trendline: Indicates long-term price support zones for buy opportunities. Resistance Trendline: Marks upper resistance zones for potential sell signals. Longby sandroroeder554
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 the metal to continue down. Longby Two4One40
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.Longby MarkhorTraderUpdated 2
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.Longby UnisKhan07222
XPT/USD "Platinum" Market Money Heist Plan on Bullish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XPT/USD "Platinum" Market 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 Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback. Stop Loss 🛑 : Recent Swing Low using 30m timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂Longby Thief_TraderUpdated 1
Platinum, ill buy at 938!!!Looks like we made a wave 1 (12345). Now making a abc correction and in the wave C wiche has 5 waves. Im looking to buy exactly at 938. If it goes lower then to bad. Then find lower levels to buy. Use stoploss!! Almost weekend!Longby G1D3onnUpdated 1
Platinum's Path: Channel Support Holds with Bullish DivergencePlatinum is currently trading within a well-defined channel, consistently respecting both support and resistance levels. A bullish divergence has recently emerged, adding strength to the case for a potential upward move. This divergence suggests possible buying interest at the lower boundary of the channel, which could lead to a bounce. Longby MarkhorTraderUpdated 4
Platinum Rally: Diverging From SupportPlatinum has reached a significant support level and is currently forming a bullish divergence. This technical pattern suggests a potential upward movement.Longby MarkhorTraderUpdated 0
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.Shortby MarkhorTraderUpdated 112
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, platinum serves a dual function: as an investment asset and as a key input in a number of industries, particularly in automotive and clean energy technologies. In recent years, its demand has been driven by the transition to more sustainable energy and low-emission technologies. Industrial Use of Platinum and its Growing Demand in the Automotive Sector Platinum group metals, such as platinum, palladium, rhodium, ruthenium, iridium and osmium, possess unique properties, including high corrosion resistance, catalytic efficiency and electrical conductivity. These characteristics make them indispensable for applications in industries such as automotive, electronics, medical devices and jewelry. In the automotive context, catalytic converters made from platinum and platinum-based metals are crucial for reducing pollutant emissions, especially in diesel vehicles. Increasing environmental regulation in regions such as Europe and Asia has driven their demand, as these converters meet increasingly stringent emission standards. However, the transition to electric vehicles could reduce their use in the long term, generating uncertainty in future demand. In Latin America, this trend is also relevant, especially in countries that depend on the export of precious metals and seek to diversify their resource base. In addition, in countries such as Brazil and Mexico, where the automotive industry is key, the adoption of cleaner vehicles could open new opportunities for the use of PGMs in hybrid and low-emission technologies. Platinum Supply and Production Factors in Latin America and the World Platinum production is concentrated in South Africa and Russia, making it vulnerable to fluctuations in supply due to geopolitical tensions and local factors. In South Africa, labor problems and a lack of investment in mines have generated uncertainty in supply, while sanctions imposed on Russia have also reduced the availability of this metal on the world market. Latin America, while not a major platinum producer, has potential to explore the use of PGMs in industrial and clean technology sectors. In addition, Latin American companies could benefit from the technology and investments of multinational companies in refining and manufacturing processes using PGMs, thus strengthening the regional supply chain. Chile and Peru, with their advanced mining sectors, have opportunities to diversify into PGMs, especially considering their proximity to the U.S. and Asian markets. Platinum as an Investment in Times of Uncertainty Although platinum is not typically viewed as a safe haven asset like gold, it has proven to be a reliable asset for asset diversification in times of economic uncertainty. Monetary policies in large economies, such as the United States, can have a significant impact on its price, as a reduction in interest rates could increase demand for precious metals. In Latin America, institutional investors are increasingly interested in PGMs as alternative assets in a context of volatile markets, considering their appreciation potential. Clean Energy Innovation: New Opportunities for Platinum in Latin America The transition to renewable energy offers a positive outlook for platinum, particularly in the development of fuel cells for hydrogen vehicles and in electrolysis processes to produce green hydrogen. This emerging demand could benefit Latin American countries seeking to develop sustainable technologies. Brazil and Chile, for example, have begun to explore green hydrogen and could increase their consumption of platinum for these purposes in the coming years, given their interest in leading the region in clean energy production. Technical Analysis Platinum (Ticker AT: PLATINUM),since last year has been moving in a sideways range between $1,093.33 and $838.34 having peak moments this year on May 20, generating a support supported twice in August and September respectively around $908 very close to the control point (POC) of $922. At the moment the asset has evolved downwards due to the fall in demand for vehicles as we have previously mentioned, it was oversold and the RSI confirmed it on the 29th so the price corrected to its trading area up to $984.65 yesterday. Currently the price is moving positive and the RSI is at 48%. Given that the delta pressure zone is bullish it would not be unusual to see it move to the 61.80% Fibonacci retracement around $1011.10. If demand for this product increases in the aforementioned sectors it is possible that the price could regain its last high of $1,093.33. Top companies in the PGM sector As a side note it is important to review what moves are being made by the major companies in this sector globally. Among the prominent companies in the PGM market are: 1. Glencore (Ticker AT: GLEN.UK) - Annual revenue: USD 255.98 billion. Producer of platinum, palladium and rhodium with operations in Africa. 2. BASF SE (Ticker AT: BAS.GE) - Annual revenues: USD 72.172 billion. Leader in emission control technologies. 3. Heraeus Group (Private) - Annual revenues: USD 27.7 billion. Specialist in catalysts and electronic materials. 4. Norilsk Nickel (GMKN.ME) - Annual revenues: USD 14.4 billion. Producer of nickel, copper, palladium and platinum. 5. Impala Platinum Holdings Limited (IMP:JNB) - Annual revenues: USD 9.03 billion. With operations mainly in South Africa and Zimbabwe. 6. Eastern Platinum Limited (ELR.TO) - Annual revenues: USD 8.18 billion. Platinum producer in the Bushveld Complex. 7. Northam Platinum Holdings Limited (NPH.JO) - Annual revenues: USD 6.7 billion. Operates some of PGM's largest mines. 8. Johnson Matthey (Ticker AT: JMAT.UK) - Annual revenues: US$5 billion. Innovator in emission and energy storage technologies. 9. Sibanye-Stillwater (JSE:SSW) - Annual revenues: $3.3 billion. PGM miner in South Africa and the United States. 10. African Rainbow Minerals Limited (JSE.ARI/OTC - AFBOF) - Annual revenues: US$1.04 billion. Engaged in PGM mining and processing in South Africa. Platinum and PGMs represent a strategic opportunity for Latin America, both in terms of investment and diversification of key industries. Their growing demand in low-emission technologies and clean energy, as well as their stability in volatile markets, reinforces their importance as an asset in the region. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. by ActivTrades1
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 and then pulled back almost to the 0.5 Fibonacci level and the 4H MA200. The current level is already great for a sell entry (if you want you can wait until the RSI gets overbought) and out target (TP = 1,020) is above the 0.5 Fib as the 4H MA200 this time is rising more aggressively than on the previous bullish wave. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope4
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 retested! Shortby Tempo_Trades0
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 'Lower Low', look for a selling opportunity.Shortby MasoodAnsari3
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 narrative has changed officially. This would most likely change if gold breaks below 2700. While I would normally buy platinum on the 38% fib with the key level present, due to most of the precious metals declining I am avoiding this zone and going for the stronger one. Confluences for the trade: - Intra Key level - Trendline Break Retest - 50% Fibo - Palladium Alignment at 50% fibo and Intra Key Level Entry- 994.72 Stop Loss- 65 pips or $6.50 Take Profit- 1014.86 RR of 3.1 Trade safe and risk managed as always no matter what ya'll are trading, catch you later traders ▲Longby FalkenFx0
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 www.tradingview.comLong01:02by Meandthemarkets2
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 consolidation at decade low prices...this all while the other metals are blasting off...its go time!!!...I am positioned heavy in platinum right now...I have rotated out of gold into platinum.Longby GoldAddict4
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 Shortby peacetyren0
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/! Longby PpetroeRUpdated 996