CME NYMEX:PL Futures 2021 - 2022 Platinum prices forecast, Buy, Target 1504 (574, +61.72%)

CME NYMEX:PL Futures 2021 - 2022 Platinum prices forecast, Buy, Target 1504 (574, +61.72%)


Platinum Futures (CME NYMEX: PL, USD/ozt)
Trade : Buy Dip
Entry : 930
Target : 1504 (574, +61.72%)
Stop : 850 (-80, -8.6%)
Posted on Saturday, November 28, 2020 (EST)

Note : It seems to be meaningful in the movement of platinum price. It's as if someone, a very powerful, is controlling the prices. The resistances would be 1160, 1504 and 1750. The support could be 867. When the prices drop below 930, it would be better to find opportunities to buy. From a long-term perspective, it would be better to do buy-trading than sell-trading.

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