Platinum Futures Break Major Long-Term Down trendsToday, we're analysing Platinum Futures – and the market is showing some major technical shifts. On the weekly chart, we’ve seen a sharp rise, pushing prices to new 3-year highs.
Switching to the monthly chart, the picture gets even more compelling:
🔹 We've broken above two significant long-term downtrends — one dating back to 2008, and another from 2011.
🔹 The price has now hit the 200-month moving average at 1155. A close above this level could confirm a powerful breakout.
🔹 The measured upside target? A potential move to 1826, based on the 2020–2021 range.
In the short-to-medium term, keep an eye on these levels:
✅ Resistance at 1100 and 1348 (Feb 2021 high)
🛡️ Support ideally holds above 1081–1045 to maintain bullish momentum
📊 This is shaping up to be an exciting market with long-term potential.
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PLQ2025 trade ideas
I cant believe Platinum is still this cheap vs goldPlatinum could hit its all-time high of ~$2,400/oz in 5-10 years if things line up. South Africa’s mines are struggling, so supply is tight. Demand is growing for platinum in green hydrogen tech and car parts, especially with big global investments. Plus, with U.S. debt soaring and the dollar looking shaky, people might turn to platinum like they do gold and silver to protect their money. If electric vehicles don’t cut demand too much and the economy stays decent, platinum could soar to $2,400 by 2030-2035.
Im long a bunch, and will sell portion along the way up to get my basis out and ride the rest for free.
Like if you agree!
How can I be late to the platinum bull era?How can I be late to the platinum bull era when the party hasn’t even started?
The rocket-ship moments for platinum lie ahead—not behind us.
There’s no need to front-run anything.
No pressure. No rush. Just readiness.
Wait.. where did I read something similar before... again!
Platinum to $1400? Platinum has broken out of a multi year downwards trend line accompanied by a large spike volume. It was consolidating for a couple months before the most recent move up and now we are consolidating again. Right now it is holding above the previous high of the last consolidation and I believe it is prime for takeoff to prices not seen since 2022. If price breaks back below the green safety line reconsider strategy but as it stands I am still bullish. Given all the tariff whipsawing and Trump wanting to impose a 31% tariff on South Africa (where the largest amount of platinum comes from) in conjunction with the MAGA plan of bringing car manufacturing back to the states. Platinum is bound to have higher demand to be used in catalytic converters.
Secular Bull Market in Platinum is ImminentOne of my higher conviction boomer plays of the next few years is long platinum. A variety of fundamental reasons why a secular bull run is potentially beginning but suffice to say it is a deeply hated and ignored asset trading roughly around production cost for over 10 years now. This has built a liquidity base of long term holders that can serve to propel a major advance. A defensible floor below current prices with powerful upside potential = tremendous upside asymmetry.
Data going back over 150 years shows the platinum/gold ratio is the cheapest since Civil War era; a time where the metal had no industrial use. Historically, platinum has always followed gold for each of its secular bull markets with some lagging period at first - the current lag the most dramatic in decades. It has the attention of very few investors, with ETFs seeing net outflows in recent years as a sideways market frustrated any steadfast believers.
Futures breaking out to new 3 month highs today. If we can convincingly clear $1,070 I believe the breakout has high likelihood of seeing substantial follow through and is more apt to be trusted than prior attempts over recent years.
Is Platinum About to Explode? Imminent Rally!Platinum (PL1!) is currently in a technically and macroeconomically compelling setup. After a prolonged consolidation between 872–921, price has reacted strongly, forming a clear accumulation pattern supported by institutional positioning and favorable seasonality.
📈 1. Technical Analysis: Accumulation and Potential Breakout
The weekly chart shows a strong demand zone that has been defended multiple times over the past year. Following a deep pullback in April, price has formed a harmonic compression structure and broke to the upside with conviction. The area between 1010 and 1040 stands out as the first major historical supply zone — previously rejected but now looking increasingly vulnerable.
📉 2. COT Report: Institutions Repositioning Long
The COT data as of April 22 shows a clear increase in long positions from commercial traders (+1,177 contracts), while non-commercials maintain a net long bias. Total open interest rose by over 1,500 contracts — a strong sign of renewed speculative interest in Platinum.
✅ Conclusion
Platinum is showing strong confluence across technicals, institutional positioning, and historical seasonal behavior. The probability of a bullish extension in Q2 2025 is high. This is a setup worth watching closely in the coming days.
it may be a huge sell coming up from the trade entry, stop loss it may be a huge sell coming up from the trade entry, stop loss and my poteniel TP shown on the analyse as I would prefer do not marking a TP and use a trailing SL and keep my SL and TP fllowing up the trade as I keep my capital safe and put my SL on BE entry to avoid LOSSES ^_^
Platinum Range/Short IdeaAlong with the fundamentals supporting a weaker PL and no significant change in daily warehouse stock data for Platinum and Palladium. A neutral or slightly bearish approach might be the way for today.
Platinum Demand Breakdown (approx):
Sector Share (%)
Auto (catalysts) ICE ~35–40%
Jewelry ~25–30%
Industrial (chem, glass, petro) ~20%
Investment ~5–10%
Other (medical, etc) <5%
Supporting news:
- Used Car Sales Are At Their Strongest Since 2021
- The United States saw strong automobile sales in March as consumers rushed to buy before tariffs would kick in but the outlook looks gloomy afterwards. POOR SALES EXPECTED AFTER NEAR-TERM BUMP. ( My comment: Those cars were build months/year ago car manufacturing cutting production already)
- Major car brand cuts production of popular model in response to Donald Trump's harsh auto tariffs
Platinum Futures (PLN2025) Platinum Futures (PLN2025), I identified a powerful tactical insight: the 10:00–11:30 AM CST window, known as the “Decision Block.” This 90-minute stretch is when institutions often confirm their morning positions—either continuing trends or reversing moves to trap retail traders. During this time, volume often shifts decisively, and smart traders use tools like VWAP + ORB, RSI divergence, and volume climax to either commit to a breakout or fade the herd. This isn’t just a time window—it’s when the market shows its hand. By recognizing this window, traders can detect where volume authority shifts, confirm breakout reliability, spot hidden divergences, and time scalp or swing entries with precision. Understanding and leveraging this block transforms your trading from reactive to strategic.
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 pressure continues.
Increased volume on recent down days suggests strong selling pressure.
Resistance: ~1030-1050 (recent highs, upper Bollinger Band).
Support: ~940-950 (lower Bollinger Band, previous consolidation zone).
If price fails to hold above 980-990, further downside to ~950 is likely.
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 rhymes in the same rhythm
Let time be the judge of this chart
Acw lifestyle
It’s the best or nothing
Accuracy comes standard
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, it makes sense price will be heading to the buyside liquidity next.
Enjoy!
May profits be upon you.
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