{"id":21813,"date":"2011-03-11T04:09:38","date_gmt":"2011-03-11T08:09:38","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=13631"},"modified":"2011-03-11T04:09:38","modified_gmt":"2011-03-11T08:09:38","slug":"buy-signals-on-platinum-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/11\/buy-signals-on-platinum-2\/","title":{"rendered":"Buy Signals on Platinum"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The <a href=\"http:\/\/www.forexyard.com\/en\/trading\">platinum<\/a> prices are once again dropping, and it is currently traded around $1770 an ounce. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can take advantage of this knowledge by going long on platinum now, and at a great entry price!<\/p>\n<p><span id=\"more-13631\"><\/span>\u2022\tThe technical indicators used are the Slow Stochastic, Relative Strength Index (RSI) and MACD.<\/p>\n<p>\u2022\tPoint 1: There is a \u201cdoji\u201d candlestick formed in the chart, indicating that a reversal should take place.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic shows a fresh bullish cross which may indicate an impending bullish movement.<\/p>\n<p>\u2022\tPoint 3: The Relative Strength Index (RSI) indicates that the price of this cross currently floats in the oversold territory, signaling upward pressure.<\/p>\n<p>\u2022\tPoint 4:  The MACD indicates an impending bullish cross, which may signal an upward movement is going to occur in the near future.<\/p>\n<p>Platinum 8-Hour Chart<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/03\/platinum-11-3-2011.JPG\" alt=\"platinum 11-3-2011\" width=\"538\" height=\"681\" class=\"alignnone size-full wp-image-13632\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The platinum prices are once again dropping, and it is currently traded around $1770 an ounce. However, there is much technical data that supports a bullish move for today as described below. Forex traders involved with commodities like this can take &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-21813","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=21813"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21813\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=21813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=21813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=21813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}