Chart Idea - PL Swing Long SetupEntry: 990
SL: 950
TP: 1185
RR: 5:1
Not a Financial Advice!!!
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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
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
PLATINUM | XPTUSD Weekly Outlook Oct. 21st: BULLISH Bias!This weekly forecast is for Oct 21 - 25th.
Platinum is heading towards the Swing High with good momentum.
Target should be achieved this week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers, and I respond to every c
PL Weekly and Monthly Extremely bullish setup.
3 TPs are identified.
it will take a few years for the final TP.
Stop loss 915
Most Probable Path for Platinum Moving ForwardPlatinum may very well be developing a C&H pattern over the longer term, lagging gold and silver's similar pattern
This makes sense, as gold is the cyclical driver of the metals complex.
A pattern of this magnitude would yield a tremendous breakout, and as such, speculators should take below 1000/
Platinum LONG TERM analysisLong term TA on PL1!
1) Shorter term expectations/price target
2) Relationship to gold and silver
3)Longer term patterns and eventual price targets on a yearly timeframe.
Sorry if this was longwinded. Will begin to post weekly updates so consider this a comprehensive analysis to precede, shorter
Platinum Buy Strategy!Platinum is prevailing for months in Symmetrical triangle pattern.
Breakout Potential: As you can see in the charts the market broke the trendline and created in-efficiency. A tight consolidation in an order block can be a precursor to a large price movement, as the market builds up energy before a
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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.
