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Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
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Asian Open: IMF Trim Global Growth Expectations for 2021
Bond markets continued to price in concerns of stagflation overnight, with yields at the long-end of the curve falling as the IMF trimmed their growth forecasts.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
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Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
Why trade with City Index?
Tight spreads from 0.5 pts on FX and 1 pt on indices.
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![N_A_Promo_Block_BG_Comp](/en-au/-/media/project/gain-capital/city-index/background-gradients/na-promo-block.jpg?h=431&iar=0&w=364&extension=webp)
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Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
Open an account in minutes
Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.
![N_A_Promo_Block_BG_Comp](/en-au/-/media/project/gain-capital/city-index/background-gradients/na-promo-block.jpg?h=431&iar=0&w=364&extension=webp)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
![commodities trading](/en-au/-/media/research/global/news-analysis/featured-image/2021/03/commodities12-v2.jpg?h=300&w=1170&hash=147621A87AAD78F368359F83CEC34612)
Platinum shorts are covering, rally to $1,100 up next?
Large speculators have drastically reduced their short positions against platinum futures, and price action has built a base above the 200-day eMA.
![default avatar](/en-au/-/media/project/gain-capital/shared/authors/na-matt-simpson-financial-analyst-stonex-125x125.png?h=125&w=125&hash=230F7E88451D1CB8FEC2E809F9AF8E60)
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