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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
966.20
+3.60(+0.37%)
Closed

Platinum Futures Discussions

As of last COT report, there is still gradual 4k net short of MM which was 6k last week..This positioning is not adequate for a relief rally..we should first exceed interim resistance of 980$..next week I think PL will test 1030
PL/PA ratio....dont ignore the level this ratio is above the 50 dma. It has never been this high without a snapback. This would mean either PL coming back, or PA ascending. We are at the limits.
Shanghai...May Day observances? I am not getting current prices. I think the LBMA and Comex are trying to alleviate the premium arbitrage....while they are seemingly, closed.
COT contracts.... Gold is 100 oz, Silver 5000 oz, Plat 50 oz. If the markets expected Plat to stay in this range for too many years....they would have changed to contracts to 150 or 200 oz....to correspond to value. But, they didnt. Think on that.
Similarly the face value of silver eagle is 1$, gold eagle 50$, platinum eagle 100$
Re TLT....if the dollar takes a massive swoon, this means, - the FED either folds one last time for the BRICS to win it all, or they defend. Defend means keeping rates up. Do you trust the FED at this time? It is defending the dollar....or the lousy economy of the backwater third world nation...USA DEI..... Didnt have to be this way. Someone chose this for the USA....and the people just kept their heads down....in social media....
But...the House Owners and their Pals....the exhange is never closed. They can call or put 24/7
Sort of sucks when it hits 980 and the exhange or...your account is not open for trading....and it has come down by 20 when you are able to make a switch....
If someone thinks it is going down 100...then sell now and sit. Short term players are NOT about a number, they should be strickly percentage. Counting their percentage gains. If you are wrong, you buy back on another climb. It will not matter if you miss some percentage. The key is to miss the loss. And the number for Plat, be it 850 or 1050 matters not...for short players. Percentage. Ultimate number is more akin to the long ball players.
nice pump. Most likely down 100 points from here, 850 soon.
Don’t get too exited yet it hasn’t break any longterm downtrend yet
u paying attention to TLT?
Last call on TLT folks. Breakout is eminent!
Pl must close above $ 1,000 first so that the long term sideways wedge is broken. If that happens, the moon is the limit.
Ok folks. The train had indeed left the station for good. If you're lucky pray for a one-time retest of the 967-972 range; if you're lucky that is. Otherwise kiss it goodbye! Congratulations for all the longs👍
It's blinking $1700+ 😉:))
It's too,too far..... let's start moving Up first , still waiting for the confirmation!!!
For sure you will receive grand party from me.!! @TheGlobe Trade
it's a done deal!
need a close around 85, so the next week can touch 1070
It has been gaining strong buy signal and blinking +1000 $
PL/PA ratio....of last week. Gaps up....gaps on close and open, wicks are there, but that is not settling. PL may stay stable, and PA goes back up a bit before settling into the PL dominant trend. If PL stays atop even with the tenuous candles...then this would spell very powerful action. I am not convinced yet.
MSM main stream media...my opinion is, 85 percent plus directed disinfo. Alt media? All over the place, from true to utterly false. But, I would rather trapse through that crud than rely on the MSM. ZH? soso in trust dept. But, better look at the fake unemployment numbers and realize, you have zero data for investing. You have to get in the mud to find the truth. Watch CNBC finance media and you are just waiting to get flocked. But then.....you already know this.....
Dont get upset if Plat swoons below a par once more on Pall. These things take time. Ultimately, Plat will ascend, for a long time to come as the mean to Pall is approx 2 to 3 x.
Pmngr... I agree that it would be nice if FC would take off. Fuel Cell is FC. But, I look to Toyota as the absolute most advanced company on the planet for wrangling these things. And at this juncture, Toyota is not completely settled on FC. Oh, they are betting on Hydrogen, dont get me wrong. They are trying to see if an ICE....internal combustion engine.....of Hydrogen is viable. Lots of challenges, but - the ICE of Hydrogen is more powerful and would woo more Auto buyers than a seemingly sluggish FC which has slower pickup. Bottom line....Both rely on Hydrogen and thus, on Plat. The ICE more for electrolysis of fuel creation, than in the vehicle itself. We are probably decades from this taking off still. Roadblock is green politics of carbon grift crime. Which is precisely what it is.....stealing our money via fake tax for the elite......I call BS on the F'ers.
Hoping is probably not our best plan. Having a strategy for the limits of where this may go is better. Sure...seems like 950 held. Very erratic moves in last three hours causes me to lack confidence of direction. Wind Vane swinging. Your hopes may pan out.
It should manage to stay above 950 for uptrend..it should show 2 day-good surge on and on
Hoping for the same..
The good point is that PL separates and outperforms Palladium..Most likely hydrogen/fuel cell technology has been substantially grown up
you guys realize Platinum just smoked Palladium :))
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