Investing.com - Financial Markets Worldwide
🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Platinum Futures - Aug 24 (PLc3)

CME
Symbol
Exchange
Currency
PLDerivedUSD
PTRTSc1MoscowUSD
JPLc1TOCOMJPY
PLc1CMEUSD
PLc2CMEUSD
PLc3CMEUSD
PLc4CMEUSD
PLc5CMEUSD
PLc6CMEUSD
Currency in USD
Disclaimer
961.00
-15.40(-1.58%)
Delayed Data

Platinum Futures Discussions

I think 980-1000 next week seems very realistic.
It coquets only..be a little patient..market is really bottoming out
bottoming out. Miners turning around as well.
I need to buy a bushel of Platinum at 900-930. Any Sellers!?
it needs to take out 983 to fix the damage
4h / I'm in 949 ; normal size ; Still waiting for a confirmation/daily. SL 910; Tp1 1020; Tp2 1140 ...
Where is point to have sl at 910? where is logic behind it ? I’m not hating honestly I’m curious
Initial jobless claims and PPI boost price..900 is in dreams:)
I should buy a good whiskey now, so that u forget about actual prices:)))
We can not say it will not reach 975 asap:))
Will 945 be our bottom then or less?
Any sellers please? I need to buy more!
Just hit last support, ppi may turn it bullish or give more fuel to downside. From 940 adding more shorts just to ride another 20 bucks or more, Don’t like go long from 950 Special in summer
I think fuel just run out for Gold, 1 cut rate this year slower pace for 2% inflation target china stopped buying gold. We should see massive sell off in gold in next few days/weeks which will influence all the metals in short term. Platinum is different animal but gonna be affected. Still going strong for now so we may not see $800 dollar but $900 it’s even more realistic now. seat belts on and let’s run it down ! Then buy back! Rinse and repeat :)
We'll see what China does. I would be surprise if they really stopped buying gold. I think it is a pause, will get 10% cheaper, and they will buy again
Late Spring sale may be over
Massive support at 890 and 915 in the past. I think those numbers have been hit too often so can only hope prices get there but they'll do a rate cut or something to that effect before that happens and sky rocket metals and all inflation back up.
breakpoint was tested again, starting a new cycle, u know very well what to do xD
Are we going to 900 level?
if there will not be any proper sign of bullishness within next 6-8h then it might look for liquidity lower, i dont think so tbh
it seems that the 950 resistance holds, needs some time to turn
buying impulse on daily frame from today ..... !!!
How you are screening the buying impulse on the daily frame?
to get a buy impulse it needs to go and stay over 983
that’s very bearish impulse not buying one.
Platinum is again offered cheap relative to the other metals
Just reached yesterday’s high, not even 8 day moving average, no fib, if not close above yesterday’s high still bearish. Everything in place next station 945 :)
why you look at something else ?? Platinum is industrial metals gold is not, silver manipulated like always. Over performing gold which is sign of big correction coming. I may be wrong most people here wish 1000 and over so be better if I’m wrong :)
I believe you, you are the only realist here.
Realist expecting 900, irrealist expecting 1000:))..what a pity kitty metal is that:))
Yess👍..bounce back with CPI from a critical support
needs to break 983 and stay above to get some legs
Gains now should stick
Will the Chinese demand for investment also concern platinum?
Is irrelevant narrative. Any article you read about china buying or whatever is short term noise and should be ignored.
Faked CPI number will show low inflation and therefore more need to 'drop rates' which in turn will tank the dollar and thus make everything more expensive. The cycle will continue. Inflation is not 'beat'....
955 holds..Bounce back will start with CPI tomorrow
900 can be only bad dream not a reality
I'd say it's a pipe dream or wishful thinking. I want to see it happen but it won't happen. Might get some whippy flashes but nothing sustained over a day below 945. Ramping up my purchases here so feel this is as good as I can get.
so today next target been hit. 200 days ema and historical resistance at 956. Next target located at 0.786 fib from recent swing at 949 follow by long term fib from Octobers low 0.618 fib at 945. once we go below 945 there is no supports. Clear way to 900 area
And what makes you so sure, that PA will break through and non of this support levels will hold? - All the levels mentions might as well be obvious rebound levels as well as supportive for bears if broken. - You seems very one sighted, what often happens when someone have been right for some time. Lets see what is going to happen.
platinum is industrial metal that’s one thing. 2nd platinum bulish and platinun bearish are 2 different animals supports/ resistance in bullish are completely different when bearish wich is kind of unusual compare to different markets.3rd hedge funds go to late and now been flush out.
https://platinuminvestment.com/supply-and-demand/platinum-quarterly
I buy
...
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.