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Thread: Platinum Trend: According to Technical Analysis

  1. #1

    Default Platinum Trend: According to Technical Analysis

    Platinum is currently correcting down towards $1028 before preparing to accumulate for a new bullish wave to $1600.
    The elliott wave formed a correction 4.
    I can't insert the image link to describe for you, the forum only allows to insert the image size < 20kb, too small

  2. #2

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    Hi,

    It went to 1158 and now back at 1200 spot. When do you see it breaking into the 1000's? I'm going to wait to buy, thank you for the info.

  3. #3
    Join Date
    May 2021
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    thanks for article!

  4. #4

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    Quote Originally Posted by Bacleee View Post
    Platinum is currently correcting down towards $1028 before preparing to accumulate for a new bullish wave to $1600.
    The elliott wave formed a correction 4.
    I can't insert the image link to describe for you, the forum only allows to insert the image size < 20kb, too small
    Nobody ever got rich with technical analysis mumbo jumbo.
    I doubt very much we are heading to those levels but who knows. Anyhow, my physical stack of 530 coins is at 950 USD avg so Im ok for the longterm.
    I will trade PPLT from time to time on the dips so look fwd to volatility.

  5. #5

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    Quote Originally Posted by Nikko View Post
    Nobody ever got rich with technical analysis mumbo jumbo.
    I doubt very much we are heading to those levels but who knows. Anyhow, my physical stack of 530 coins is at 950 USD avg so Im ok for the longterm.
    I will trade PPLT from time to time on the dips so look fwd to volatility.
    Yup "who knows" The "correction" has been quite a bit lower, to my buy range. I don't know much, just keep buying PM's when they go on "sale" (lower spot") and only sell when considerably higher.

    Still, I hope this "technical analysis" counts for something!
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

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