Platinum etf and Palladium etf details
How to trade
these commodity exchange traded funds
Platinum ETF and Palladium ETF are two very specific commodity exchange traded funds. These two commodities are often ranked as precious metals but they have also industrial usage. These two commodity exchange traded funds are two options how to place exchange traded commodities into your portfolio or into your
ETF Trading strategy.
I personally do not track these two commodity exchange traded funds on daily basis as I prefer to trade other commodity etfs like
gold etf,
silver etf
or
oil etf.
But I monitor them from time to time to check if there is possible to find some good trading opportunities with these exchange traded commodities.
Platinum etf and Palladium etf description
Platinum exchange traded fund is issued by ETF Securities Ltd. This provider creates several Precious metals exchange traded funds for physical exchange traded commodities.ETFS Physical Platinum Shares with ticker PPLT is designed to offer investors a simple and cost-efficient way to access the precious metals market. PPLT is intended to provide investors with a return equivalent to movements in the platinum spot price less fees. Here is chart of PPLT
Another very specific option for exchange traded commodities is Palladium ETF. It is again provided by ETF Securities Ltd. ETFS Physical Palladium with ticker PALL is designed to offer investors a simple and cost-efficient way to access the precious metals market. PALL is intended to provide investors with a return equivalent to movements in the palladium spot price less fees. Here is chart of PALL
ETF Trading strategy basics
for these commodity exchange traded funds
I use technical analysis of stock charts for my ETF trading decisions. I like to use
relative strength
analysis combined with
support and resistance
concept. I am able to decide if there is any tradable opportunity in any type of asset class with these concepts. The same system for analysis could be applied also for ETF Trading strategies with commodity exchange traded funds like Platinum ETF and Palladium ETF. First analysis should be done with broad precious metals ETF - I use DBP.
The actual situation turned bearish during last days. It means that basic decision is that I do not plan to be bull and buy precious metals these days. I would like to be neutral (in cash) or short these exchange traded commodities.Lets look at details on charts of platinum ETF and Palladium ETF
The situation there is similar to DBP. Very bearish. No idea for long. The only point I can stress is that situation on chart of PALL was negative already before this sell off. So shares of PALL was good
short selling
opportunity in last days.Another point which can be taken from
stock chart analysis
of the charts above is that both PALL and PPLT are much more weaker then general precious metals ETF DBP. It can be observed by checking 200 day moving average position. The price of PALL and PPLT is already below this very important long term
moving average.
Return from platinum etf back to Commodity ETFs
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