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Platinum Futures - (PLATc1)

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Platinum historical data, for real-time data please try another search
14,352.00 0.00    0.00%
26/10 - Closed. Currency in ZAR ( Disclaimer )
Type:  Commodity
Group:  Metals
  • Prev. Close: 14,352.00
  • Open: 14,352.00
  • Day's Range: 14,352.00 - 14,352.00
Platinum 14,352.00 0.00 0.00%

Platinum Futures Candlestick Patterns

 
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Platinum Futures Discussions

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Je MacTavish
Je MacTavish 1 minute ago
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Shanghai Plat current 940 usd. Premium equals demand. Compares to continuous contract of 923. Shanghai averages 35 premium for gold. This means the near 20 dollar premium for Plat is stronger than gold based upon ratio of price. Figures do not lie...liars figure. Do your own math and research.
Je MacTavish
Je MacTavish 50 minutes ago
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Do the Plat / Gold ratio and use monthly candles. One sees that we are in a first of three months lower closes. Not wicks, but closes. 2020 low was all wick, not a candle body. This is showing the current extreme.
Homey Clown
Homey Clown 52 minutes ago
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The bounce at $910 was right on the downward trend line, helped along with the weak US PMI data and the 19.25 ZAR resistance.  The real test will come on Friday when the US PCE data is released.  The PCE data could signal a trend reversal or keep the down trend in place.  Enjoy!
Je MacTavish
Je MacTavish 1 hour ago
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Ratio...spot Plat divided by spot Gold. This ratio is at a low that is near the extreme not seen in 100 years. Plat was cheaper than Gold until approx 1910 or 1915....multiples cheaper. No one had use or had figured it out at that time.... yet, it went to four times gold by approx 1920's, and then at depression...reached and settled near par. It danced around gold until later in 1950's...when it lead gold for most of the time. The regime of gold higher? 2014 and since. The more uses they can find....the cheaper it gets. Thus the more demand...the more uses equals demand, the cheaper. Go figure this out....and it is major money pounding. Not the plethora of small unit investors....
Je MacTavish
Je MacTavish 1 hour ago
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Volatility....extreme, up to down, discourages the regular market. Expect crazy things that do not pencil to reality in product. Product being, real Plat, and where it is, and where it is not.
Je MacTavish
Je MacTavish 1 hour ago
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Big John is Spot On.
Je MacTavish
Je MacTavish 1 hour ago
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Yield control curve....engineered, meaning - not an organic market. That is used by the CB. And yet, we think futures are real markets. Interest rates.....mostly engineered....short end. And daily gyrations in futures....same. I prefer that the market, as in many many player, gyrate this action....rather than fewer players with a few controlling the house. We live with it, and we try to predict the house actions. Nothing in platinum has been normal since the Maidan event.
Je MacTavish
Je MacTavish 1 hour ago
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taking from Mar 1 to now....that low to the high was 150. We have retraced to approx 73. Not a classic 62 nor 79. I am rounding. But then, I am also not taking any of this action as related to supply demand of the real element, Platinum. This is supply demand of investment toggling. Rather more as a video gamer....than real market demand.
Gap Up
Gap Up 1 hour ago
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This time I bet on the right horse (palladium). GL
Homey Clown
Homey Clown 2 hours ago
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USDZAR 19.25 holding up well, that could stop the bleeding for platinum.
 
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