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Platinum Futures - Jul 24 (PLN4)

Real-time capital.com
Symbol
Exchange
Currency
PLDerivedUSD
PTRTSc1MoscowUSD
JPLc1TOCOMJPY
PLc1CMEUSD
PLc2CMEUSD
PLc3CMEUSD
PLc4CMEUSD
PLc5CMEUSD
PLc6CMEUSD
Currency in USD
Disclaimer
931.45
+5.30(+0.57%)
Real-time Data

Platinum Futures Discussions

688-733-795 Support levels
contineous slide for this t4rd. They cant even mine it profitable for under 4K yet they sell it like they cant get rid of it
Highly manipulated by Deep Pockets. - But, at some point the heavy shorters are going to collect profit, and it will spike up. - Only people sitting on big profit is willing to sell short at this level, to support Price action. - ON ONE will start a short position here. - IMO.
yes this is a thinly traded piece of crap. It doesn't have anything to do with Platinum. These are just crooked programmed machines. because there is no volatility at all it just goes down. Until it just goes up again. No relation to the metal at all
 You are talking crap.  Have a look at the recent PGM miners' reports.  They are still making profits.  You have to look at the platinum group metal basket price in ZAR, looking at the USD platinum price is just wrong.  If we see the ZAR platinum price reach 16,000 then the miners will start to feel some stress (assuming all other PGM component prices remain constant).
the day frame ling support line is at 878 !!!!
This is a Bear-Trap IMO.
880-890 tested and then bounce back
so lame and boring 😑
gap up it may need that 892 before anything happens.
Anybody researched how far you have to go back to find 8 straight days down , dont think it happened even in worst of covid price debacle!?
unusually agressive drop
down almost 100 straight with almost no retracements. very unusual
sweet baby J
Crazy cheap
I buy
When it falls under 930-935, it certainly tests under 900
Very small supply , very large Manipulation!
not a fan of how fast she came down here. pl usually moves like a banshee though
Under 900 is most likely
It's going lower. Expect 892
wouldn't be the first time
I have the same spot for the uptrend. very dicey below that
Downside is very limited..max 885-890 with little prob. to test..On the otherside, +1000 is quite likely in this contract period. China and tightening cycle have already been priced in..
We saw more times below 900 than above 1000
gap ...unfortunately
L 912- first one...
means?
it means i am starting to acumulating L's
soon can call them Ws
If it closes here 7 straight down days , i thinkYou have to back to feb 2020 for 7straight the beginning of covid debacle!
hit the gas you B
Needs some up closes same day stocks tanking to change momemtem!
78,6 fib retrace hit - bought more Platinum @904 - Time to raise IMO!
look at the technical page and see buy/sell signals. only buy signal is on monthly chart. good contrarian set up
Buying more
now is the time for nibbles. You don't set 'stops' though. You have to be capitalized to avg down for 897, 861 then 834. Doubt that's coming but if you can ride that, it's a winning trade.
Chris, good advice.  I think I will start buying again in October sub 900.  I agree the floor should be no lower than ~830 but hard to set a plan in this environment.  Eskom load shedding back in the news but I doubt it will move the price of platinum.  Producers (not all) have been able to mitigate the load shedding this year and are likely to be less exposed to any additional load shedding.
Oil is going up and therefore costs to produce everything will rise. They aren't going to raise interest rates again and already are talking about dropping interest rates next year pumping up inflation again.
the time is getting very close!
Palladium massive short covering under 1200 might help
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