amazing chart for platinumthis chart looks like a kiting time bomb. perfect set up reedy to take us into 5 digits
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 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.
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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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Platinum mini Futures is 4,658.0 JPY — it has fallen −2.20% in the past 24 hours. Watch Platinum mini Futures price in more detail on the chart.
Track more important stats on the Platinum mini Futures chart.
The nearest expiration date for Platinum mini Futures is Feb 21, 2025.
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 mini Futures before Feb 21, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Platinum mini Futures this number is 398.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Platinum mini Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Platinum mini Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Platinum mini Futures technicals for a more comprehensive analysis.