Platinum has been one of the worst performing metals. However, it presents a compelling opportunity for upside should the Fed ultimately deliver rate cuts. Based on daily fibonacci patterns, it is holding support at the 61.8% percent lines. And, it is holding weekly, daily, and hourly support. Today, Monday, Feb 5th, does present a unique opportunity to get in long at these lows and ride up a wave to much high level. PLJ5 is currently trading at 883.4 . . . Buy now, with a SL at 870 and a move that could go as high as 1000 within the next month.
Trade fermée manuellement
Had a great day with PL. Stop reached. We are getting out of it here +14 bucks from where we recommended. Potential weakness in gold and silver forces me to take profit here. There will be other opportunties to get in to this once we get some clarity from the other metals. Gold and silver have been weaker today.
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Message Me to Join My Private, Premium Telegram Signals Channel. Also available for private coaching and trading sessions. t.me/CeresTraderSignals
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.