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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
1,063.95
-26.05(-2.39%)
Real-time Data

Platinum Futures Discussions

Silver is back in town..most probably 1100 again asap
Platinum is 10 times rarer than Gold and historically has always been priced much higher than Gold, but not now?!
they're just on different Elliott wave counts and platinum will be double the price of gold soon enough!
Anyone discussing numbers as in dollar value, is a long and is thinking in terms of physical investment. Any paper long or short knows the game is percentages, and not really a dollar game per se. Futures investors are percentage players. Period.
Any dip is a buy as this is the only commodity that did not participate in the inflation run-up. A 5X run is in store.
managed money is hoping for the short of producers to succeed. why? There is not enough Plat to fill the required proforma of the ETF. They could become in default to their terms. It will come. The producers are the ultimate short, always will be. Shorting is selling, which is what producers do.
First test of that trend was Apr last year. Tested and failed. This is test two, we passed, broke - and now must retest to surpass. Of course we will. But when?
Draw trend from the high of Feb 2021. This is in play.
Buy the dip: $1200 is around the corner..$1700, $2300, $3500+. Don't be suicidal and try to short this..Fair Warned!
It will be 3500 but sell it..wonderful comment:))
PL next level is 990
In your dreams
sell all
Till 1050 max
As I cited last week, 1100 is important resistance level..we will hang around here for a while..but we are still in uptrend..follow also silver..they have both good momentum..1120/35 can be tested
to the end of this year and the next one, the movement will be Green, only ! Wait for pullbacks and buy at their bottoms!
now testing the resistance at 1094.... /2h .....
if any of you guys is still short precious metals I'm telling you right now you might as well go purchase a handgun and have it ready to take yourself out of the misery because you're in for a huge shock!
In the 860-880 range I put my entire nest egg in platinum silver and gold and I'm already sitting on hefty profits but this is just scratching the surface guys; if you haven't gotten in believe me it's not late at all! when consider the targets that are only imaginable in your wildest dreams you will not care about 200 points here and there.
For the Record, I have since added fresh money into TLT and URA as well just recently! I have similar crazy price targets on uranium I am talking 4X-10x + from here ~$32.5
the forex trading is Extremely Risky, you may lose all Your money just for a few minutes, 88% of small traders losing All their Money !!!
Quick and Easy Double+ from here $2300+by EOY, $3500 by 2025, $5000-$7000 by 2027. this is the very beginning of the precious metals new bull super cycle
Now slicing right through 1100 like a hot knife on butter
Africa Russia calling All the shots on Platinum...USA is just in denial thinking they can control What they DONT HOLD OR OWN...
Printing hundreds of billions of dollars for foreign aid will only result in prices and precious metals you can only imagine in your wildest dreams.
For those who think this is about to end please give me some of what they are smoking ! 🚬 because this is just the beginning! You can't expect the FED to print trillions of dollars and give Israel and Ukraine an unlimited amount of money and not see precious metals inflate like you haven't seen in your wildest dream!
1100 is also done..for further surge there must be general surge in all metals as silver for example today..
Plat is thin market. Do not kid yourselves that this would have happened so dramatically without gold and silver in the assist. Sure, the fundamentals are solid for Plat all by themself. But, there are forces within the paper specs that have been in the way of nature. This is a nice washout and recalibration. I expect Ale piz is generally correct. will not matter if his numbers are exact. The action always happens that way. Exhaustion happens. Exhaustion is near.
what are you smoking bro? exhaustion! this is just starting!
looking at the weekly candle, this weeks appears to be in the same size as Feb 2021 when Plat hit 1345. We should anticipate potential for small increase next week, or none. And a consolidation of some sort. Not that this will happen, but that would be ordinary. Question is, is it different this time? Not usually...but again, these are not usual times.
1125/1130 and pullback
chrisP Bacon....you mean, the govt grift machine is telling everyone inflation is 3.5% I am not saying it is 3.5, or that it isnt 3.5. I just have to consider the source. The same source that since 1980 has redefined the basket that encapsulates that inflation number. In 1980....it included rent and mortgages....now? NOT. Just the biggest element in a household budget. Unemployment? Yes, they redefined that too, along with medical definitions since the DOD critters escaped.
Fomo effects
...
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