Close
- All Market News
  All the dates you need for your trading diary.
- Indices News
  Your news hub for the S&P, FTSE, Nikkei, NASDAQ and so many more.
- Crypto News
  Tales from the Crypto world all in one place.
- Commodities News
  Insightful news across the Metals and Agriculture industries.
- Forex News
  Extensive coverage of the planet’s most liquid market.
- Energies News
  Oil & Gas traders will find this section invaluable.
- Stock News
  Read news on the movers and shakers in the Stock market.
- ETF News
  All the dates you need for your trading diary.
- All Daily Analysis
  Get a healthy mix of technical analysis and the movers and shakers.
- Daily Technical Analysis
  Learn how to read charts like the best in the business.
- Gainers and Losers
  Find out who’s up, and who’s down.
- All Learn to Trade
  Not sure where to start? Go here and let something catch your eye.
- Terminology
  An A-Z of the most common trading terms and phrases.
- Guides
  Get quick answers to the most frequently asked trading questions.
- Strategies
  Learn common trading strategies used by the best traders.
- Indicators
  We demystify charts and show you powerful charting tools.
- Courses
  We provide comprehensive trading courses on a variety of topics.
- Trading SignalsNEW
  Get Trading Signals from the FCA-regulated Signal Centre
- Dynamic Data
  Cut through the noise with market alerts tailored to your trading strategy.
- Research Terminal
  Deep coverage of the global markets with world-class insights.
- Economic Calendar
  Never miss a market update and time your trades like an expert.
- Corporate Calendar
  Dividend announcements, earnings releases, and a ton of other corporate info.
- Expert Advisor (EAs)
  Download your EA and unleash full power of LearnFX directly in your MetaTrader terminal.
Trading Signals

Is it the end of Platinum's rally? After 11 days of gains, it is down by 2.13% today

24 April 2023

PLUSD

The Platinum future is down to $1,114.5 per troy ounce, after ending Friday at $1,138.7. Overall, a 2.13% loss or $24.2 today.

The Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average.

Overall, looking at the technical analysis landscape, it seems CME Platinum might start pointing upward in the short term.

In the meantime, negative performances are also seen in other Metals as Palladium stumbles 2.02% to trade around $1,575.

With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Consumer Confidence projected to decline to 104 while previous data was 104.2; data will be released tomorrow at 14:00 UTC.

Furthermore, United States Building Permits is scheduled for tomorrow at 13:30 UTC. United States New Home Sales (Mar) will be released tomorrow at 14:00 UTC.

The commodity has been trending positively for about a month. Platinum hit a significant low of $805.5 around 7 months ago, but has since recovered 41.37%.

Market Summary

Latest Commodities News

View All

Bearish the CME Oats future currently $3 lower after trading as low as $330

CME Live Cattle gets off to a weak start; down 0.55% this morning to $163.03 per pound

The CME Silver future increases to $24.26 after a 9 day downtrend

Copper up 5.3 cents to $3.94 building up on its five days of gains

After five days of declines, Natural Gas is up 4.4 cents today

Copyright @2022 Learn and Consult FZ-LLC. The company is incorporated according to the laws of Dubai and the United Arab Emirates.

The information contained on this website — including analysis, trading research, market opinion, news and instrument prices — is provided for information purposes only and should not be construed, under any circumstances, as investment advice. You agree that LearnFX is not responsible for any losses or damages you may incur as a result of any action you may take regarding the information contained on this website. The regulated signals offered by this website are provided by a third-party service provider and you understand that any losses you may experience from using these signals are entirely at your own risk and liability. By using this site, you implicitly agree that nothing contained on the site shall be construed as a solicitation to buy or sell any product or service in a jurisdiction where its purchase or sale would be contrary to local laws.

Risk warning: Trading in financial instruments carries a substantial risk to your investment and may not be suitable for you. LearnFX strongly recommends that you fully understand the risks involved with trading and whether you have the financial means to take the risks involved. Should you be unsure of your suitability for trading, you can contact a personal financial advisor in your local jurisdiction who will be able to help you assess your competency for trading and investment.

Signal Centre is a trading name of PIA First Limited which is authorised and regulated by the Financial Conduct Authority which can be checked here FRN 787261. Registered in England & Wales, company number 07428345. Registered Office: Kemp House, 152 City Road, London EC1V 2NX. VAT number 153 646014.