PL, Mar 21, 2025If NYMEX:PL1! can displace below Monthly Avg Sweep area, I will be looking to enter shorts on a retracement with Monthly Open as a target.
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Bollinger Bands Signal Potential Breakdown in Platinum Futures
Price is currently testing the midline of the Bollinger Bands (blue line), which often acts as dynamic support/resistance.
The recent price rejection at the upper band and subsequent drop toward the midline suggests a potential continuation to the lower Bollinger Band (~940-950 range) if bearish
Acw platinum analysis for week starting 23rd Feb 2025Using previous price action 2020 Feb
We use the acw bar pattern strategy to future forecast price action in platinum
‘Should the market break previous lows and continue downward pressure, this hints that price might repeat Covid crash scenario
That said history doesn’t repeat itself but it rhym
Weekly Market Forecast: PLATINUM Is a BUY!This forecast is for the week of Feb 10-14th.
As the Monthly and Weekly timeframes show, this market is in a ranging consolidation. So the strategy is to buy at the lows and sell at the highs until there is a definitive breakout on either side.
With price having swept the lows of the consolidation
Platinum Verging on Historic Breakout PL1!Bullish divergence in on-balance volume along with sustained price-suppression have put platinum on breakout watch as we see strength in so many other commodities.
Notably, volume has expanded meaningfully in the platinum futures market, and tariff tantrums may be the nail in the coffin as far as
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
PLH2025
Mar 2025DMarket open
976.2USD / APZ−1.34%
PLJ2025
Apr 2025DMarket open
965.1USD / APZ−1.36%
PLK2025
May 2025DMarket open
970.3USD / APZ−1.29%
PLN2025
Jul 2025DMarket open
978.6USD / APZ−1.31%
PLV2025
Oct 2025DMarket open
988.1USD / APZ−1.23%
PLF2026
Jan 2026DMarket open
996.5USD / APZ−1.14%
PLJ2026
Apr 2026DMarket open
1,014.5USD / APZ−1.09%
PLN2026
Jul 2026DMarket open
1,023.1USD / APZ−1.08%
PLV2026
Oct 2026DMarket open
1,032.3USD / APZ−1.07%
PLF2027
Jan 2027DMarket open
1,041.3USD / APZ−1.06%
PLJ2027
Apr 2027DMarket open
1,050.3USD / APZ−1.06%
See all PL1! contracts
Frequently Asked Questions
The current price of Platinum Futures is 964.9 USD / APZ — it has fallen −1.38% in the past 24 hours. Watch Platinum Futures price in more detail on the chart.
The volume of Platinum Futures is 27.18 K. Track more important stats on the Platinum Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Platinum Futures this number is 27.66 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Platinum Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Platinum Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Platinum Futures technicals for a more comprehensive analysis.