amazing chart for platinumthis chart looks like a kiting time bomb. perfect set up reedy to take us into 5 digits
Platinum a quick cash grab w/r ratio 9As the week is ending in exactly 10 hours, i'm expecting this move to occur.
A drop to the exact entry level into a push to the upside.
Entry may be front runned but i like to keep w/l ratio nice and tight.
PL1! 921.0 shortDay close below prev day
key lvl / trend break confluence
if price makes it down to yesterdays low with momentum sell around that area
take profit at next prev unbroken key lvl
(enter / manage on 15 min time frame)
PLATINUM Weekly Forecast: Bearish! Look for SHORTS!Keep an eye on this one, as it makes its way down to 911.7.
I'm looking for the highlighted lows to be swept this week.
Enjoy!
May profits be upon you.
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PL1! 941.4 longDay close above/ outside prev day candle
Key lvl broken and retested
If price makes it up to yesterdays high with momentum buy around that area
GOLD, SILVER, PLATINUM & COPPER Weekly Forecast Nov. 11thThe Metals are at areas of supportive discount arrays, but will they move higher.
The latest COT Report indicates the institutional traders are betting on higher prices, even when the assets seem to be in consolidation.
Monday is a US bank holiday, and Tuesday may start slow, but I suspect the price
Chart Idea - PL Swing Long SetupEntry: 990
SL: 950
TP: 1185
RR: 5:1
Not a Financial Advice!!!
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PL possible scenariosPL in a channel, will ultimately break it upward. interesting to see what happens
Palladium Rebounds at Key Demand Zone: A Bullish ReversalPalladium has recently experienced a significant rebound at a key demand area around $913, which could mark the beginning of a potential reversal. This price level has historically served as strong support, and its recent behavior suggests a shift in market sentiment.
In addition to this technical
Platinum the trend leader for metalsPlatinum, the trend Queen.
Platinum this session has led the trend for metals so far.
PL has broke it's long uptrend with force. Generally PL likes to trend for several days.
Short intraday pops might happen, but I am watching for possible continuation.
Consolidation or ranging may also be possibl
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Platinum Futures is Dec 24, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Platinum Futures before Dec 24, 2024.