Get started
Platinum / U.S. DollarPlatinum / U.S. DollarPlatinum / U.S. Dollar

Platinum / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

XPTUSD trade ideas

Platinum short should be wary too here8 hour StocRSI and RSI both showing hidden divergence while price stays above 200 EMA. This could be a good indication that the upward trend WILL continue. Expecting the short term bounce to the $1090 area. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
OANDA:XPTUSD
by hanzhao311
The fate of platinum in 2021What's it going to be like ? It is now hoovering at the resistance level area for the last 3 weeks. It might consolidate a while more before we see a breakout of the bearish trend line. I am bullish on it just like my stand in Silver and other commodities I trade. Unless you know what you are doing, you NEED NOT have all commodities in your portfolio. It is difficult to say how much allocation you should have as different people have different goals, strategies and knowledge. And always, always trade with a STOP LOSS. Nobody can predict the market (those who say they can are seldom traders themselves but earn their money through their "predictions")so just because it has been good the last few months, it may or may not be enjoying such trend in the future. That is why you need STOP LOSS to protect your money.
OANDA:XPTUSDLong
by dchua1969
Platinum future 65 min possible negative StochastiRSIdivergence SWOT S: 1. seasonality wise Dec and Jan strong. 2. The week after Christmas typically is strong for stocks and even first week of the new year. 3. possible inventory shortage for the metal 4. bullish setup for intermediate time span (Daily, 3 day, etc.) 5. very undervalued based on historical price and especially given the devalued dollar and near 0 (or negative) interest rate. 6. just had a huge 10% correction on last Sunday night and not likely to have another one soon. W: ... O: ... T: near term negative chart divergence Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
OANDA:XPTUSD
by hanzhao311