$PL develop a corrective structure as the Elliott Wave view tracks a possible Double Three pattern.
The key question: is this correction setting up the next impulsive move? 👀
Our latest analysis highlights the structure, key levels, and what to watch next for $PLAT.
Read more ➡️ https://elliottwave-forecast.com/commodities/platinum-elliott-wave-view-double-three-correction-in-play/
#Platinum #Commodities #ElliottWave #Trading
$PLAT $PPLT Jewelry demand correction incoming for 2026 (-6%). 📉
The Bear Case: China inventory normalization + India tariff headwinds.
The Bull Case: Platinum trades at a massive discount to Gold ($GLD).
Tech: AI alloys & 3D printing reducing fab costs.
2025 was the surge (+7%); 2026 is the consolidation. Long-term CAGR flat at 1%. Watch the gold-platinum ratio for the entry. ⚖️
#Platinum #PreciousMetals #Commodities #Investing
$SLV https://x.com/wallstreetmav/status/2006192049620492409?s=46&t=RgpuBDUw8u-xZx2n-WhRng
Margin requirements raised to 30% on silver.
Gold 9%,
Silver 30%
Platinum 25%
Palladium 22%
It’s not gonna be a fair fight going into Jan 1.
Expect stocks to lead the way lower tomorrow now too. $SPY $GLD $PLAT
$PLAT may break out. Our analyzer suggests a buy stop @29.23 with a stop @28.05 as a possible low risk setup.. https://www.chartmill.com/stock/quote/PLAT/technical-analysis?key=2bcfdc01-d917-4deb-8c97-5b54d02f6bf8&utm_source=stocktwits&utm_medium=TA&utm_content=PLAT&utm_campaign=social_tracking
$ILAL this is the next one to be in!
If you like $GRNQ $PLAT $IMPM then I'm sure you already know about this one! Catch their interview this weekend on Bloomberg TV. You don't wanna miss it
