Soaring platinum breaks a 3 year high at $1,152.50/ozChina, the world’s largest consumer of platinum, imported its highest amount in a year last month. Retail investment demand (bars and coins) in China more than doubled, overtaking North America as the top market for platinum investment.
Analysts at Bloomberg Intelligence predict that global platinum demand will exceed supply for the rest of the decade.
Key technical levels:
• Platinum futures hit a 3+ year high at $1,152.50/oz.
• Next resistance levels:
o $1,197.00 (March 2022 high)
o $1,281.40 (May 2021 high)
o $1,348.20 (February 2021 high)
• All-time high: $2,308.80 (March 2008)
The strong Chinese demand and lagging EV transition may fuel a sustained bull run in platinum prices. Investment opportunities may exist if technical resistance levels are broken, potentially retesting highs from 2021 and 2022 even aiming toward the 2008 peak. Supply constraints and investment interest make platinum a strategic metal to watch in both industrial and financial markets.
PLATINUM trade ideas
Platinium/ Buy optionThere are several factors that are causing platinum to be much cheaper than gold at the moment. Chief among them is the expected decline in demand for the metal, due to the decline in diesel car sales in Europe, mainly because a significant part of metal consumption is related to catalytic converters used in diesel cars. The depreciation of the dollar is another factor that negatively affects the price of platinum, as well as other precious metals.
Since the beginning of 2021, the metal has been steadily decreasing its stock price and at the moment we are observing indications of its upcoming appreciation.
I have noted three main zones on the daily and weekly charts that will influence the movement of the new bullish trend.
Platinum Wave Analysis – 4 June 2025
- Platinum reversed from support zone
- Likely to rise to resistance level 1100.00
Platinum recently reversed up from the support zone between the support level 1050.00 (former multi-month high from October) and the 38.2% Fibonacci correction of the upward impulse from May.
The upward reversal from this support zone continues the active impulse wave iii of intermediate impulse wave 3 from April.
Platinum can be expected to rise to the next resistance level 1100.00, the breakout of which can lead to further gains toward 1140.00.
Platinum Wave Analysis – 26 May 2025
- Platinum reversed from long-term resistance level 1095,00
- Likely to fall to support level 1075.00
Platinum recently reversed down from the major long-term resistance level 1095,00 (former yearly high from 2024), which stopped the previous weekly impulse wave A.
The resistance level 1095,00 was strengthened by the upper daily and the weekly Bollinger Bands.
Given the strength of the resistance level 1095,00 and the overbought weekly Stochastic, Platinum can be expected to fall to the next support level 1075.00.
Market Likely to Fill Gap at 936–972 Will Platinum Fill the Gap to $936? A Deep Dive into Technical, Fundamental, and Sentimental Analysis
Introduction
Platinum has recently experienced a notable bullish rally, pushing prices beyond $1,100 USD per ounce. However, technical signs are beginning to flash warnings of an impending correction. Many traders are now eyeing a significant price gap between $936 and $972, which has yet to be filled. Could we see a return to this demand zone? This article explores that possibility using technical, fundamental, and sentiment analysis.
📊 Technical Analysis
The 4-hour chart of Platinum (XPTUSD) paints a compelling picture of a potential reversal in play:
🔍 Chart Structure
After a sharp upward climb, price action is now showing signs of exhaustion.
A double top or M-pattern has formed, a classic signal of bearish reversal.
A possible head and shoulders formation further suggests weakening momentum.
📉 Gap Zone
The highlighted price gap from $972 to $936 remains unfilled.
Markets tend to “retrace” and fill gaps due to imbalances or untraded zones — this gap now acts as a price magnet.
🧭 Key Levels
Resistance: $1,110 – $1,115 (rejected multiple times)
Support: $972.15 and $963.67 (top and bottom of gap)
Current Price: $1,086.70
With current price failing to maintain its highs, a break below $1,070 could trigger a steep drop toward the gap.
🌍 Fundamental Analysis
Fundamentals are equally pointing toward a cooling phase for platinum:
📉 Demand Side
Platinum is used extensively in automotive catalytic converters, hydrogen fuel cells, and electronics.
With signs of global economic slowdown, especially in key regions like China and Europe, industrial demand may weaken.
Slowing EV production and lower catalytic converter usage due to alternative technologies also reduce demand pressure.
📈 Supply Side
Major producers like South Africa and Russia currently show no significant supply disruptions.
Stable or rising output contributes to potential oversupply.
💵 Macro Factors
A strong U.S. dollar tends to pressure platinum prices downward.
With central banks maintaining high interest rates and inflation cooling off, platinum becomes less attractive as an inflation hedge.
😕 Sentimental Analysis
🗣️ Retail Sentiment
Many retail traders turned bullish after the recent breakout, potentially creating liquidity traps near the top.
Euphoria has now started fading, and profit-taking is becoming more common.
🏦 Institutional Outlook
Institutions may be rotating capital toward gold and silver, traditional safe havens, especially during economic uncertainty.
Lack of new bullish catalysts can cause bearish sentiment to spread in the short term.
📌 Conclusion: Gap Fill in Sight?
The technical setup, combined with weakening fundamentals and neutral-to-bearish sentiment, suggests that Platinum is likely to retrace to fill the gap between $936 and $972.
Unless a new bullish catalyst emerges — such as geopolitical disruption in mining or a sudden surge in industrial demand — the path of least resistance appears to be downward.
✅ Final Take
Watch for breakdown below $1,070: A key signal that momentum has shifted.
Targets: First at $1,025, then $972, and finally $936.
Buyers may re-emerge at the gap zone for a possible bounce but that’s a story for another time...
Platinum's Quiet Ascent: What Drives Its New Value?Platinum, often operating in the shadow of gold, has recently experienced a significant surge in value, reaching multi-year highs and capturing considerable investor attention. This resurgence is not arbitrary; it stems from a complex interplay of industrial demand, tightening supply, evolving geopolitical dynamics, and a notable shift in investment sentiment. Understanding these underlying forces becomes crucial for investors seeking to decipher the trajectory of this vital industrial precious metal.
A primary catalyst for platinum's price rally is its strong industrial utility, particularly within the automotive sector, where it remains indispensable for catalytic converters. While the rise of battery electric vehicles presents a long-term shift, the robust growth in hybrid vehicle production continues to sustain demand. Critically, the market faces persistent physical deficits, with supply consistently falling short of demand for the past two years, a trend projected to continue into 2025. Mine output struggles due to disruptions in key producing regions, such as South Africa and Zimbabwe, and secondary supply from recycling has proven insufficient to bridge the growing gap.
Geopolitics and strategic investment further amplify platinum's upward trajectory. China has emerged as a pivotal market, with a sharp rebound in demand as consumers increasingly favor platinum for both jewelry and investment amidst record gold prices. This strategic pivot by the world's largest consumer market is reshaping global platinum price discovery, supported by China's initiatives to develop new trading ecosystems and futures contracts. Concurrently, renewed investor confidence is evident in growing inflows into platinum Exchange-Traded Funds (ETFs) and robust physical buying, with anticipated lower borrowing costs also enhancing its appeal.
In essence, platinum's current rally reflects a powerful combination of tightening supply and resilient industrial demand, underscored by strategic shifts in major consumer markets and renewed investor interest. As above-ground stocks gradually deplete and the market anticipates continued deficits, platinum is poised for a sustained period of relevance, offering compelling prospects for those who recognize its multifaceted value proposition.
SHORT ON XPT/USD PLATINUMXPT/USD Platinum has given us a choc (change of character) to the downside from a recent push up.
It has currently completed the pullback of that new change to the downside and I expect it to fall from the supply area/zone to the next level of demand.
Lost of imbalance to the downside making this trade a nice setup.
XPTUSD 1W:While Everyone Watches Gold, Platinum Quietly Wakes UpGold gets the headlines — but platinum just broke two years of silence with a clean, high-volume breakout from a symmetrical triangle on the weekly chart. And this isn’t noise — this is the structural shift traders wait for.
Price has been coiled inside a compressing wedge since early 2022. Equal highs. Equal lows. Stop hunts both ways. The classic “shake out before take off.” Now? The breakout is in. And the weekly candle closed above resistance with volume confirmation. Oh, and while we're at it — the 50MA just crossed above the 200MA, signaling a long-term trend reversal.
Target? Measure the triangle height: ~398 points. That projects a breakout target of 1440 USD, which aligns perfectly with previous institutional rejection zones.
But this isn’t just about the chart.
🔹 South Africa, the top global supplier, is struggling with energy and production cuts;
🔹 The Fed is pausing rate hikes — the dollar weakens, metals rally;
🔹 Demand from hydrogen tech, clean energy, and industrial catalysts is on the rise.
Translation? Smart money has been accumulating. The move from 965–1070 was just the ignition. The drive hasn’t started yet.
So while everyone fights over gold highs, platinum sits at the base of a move no one's prepared for — except those who know how accumulation ends.
🧭 Key support: 965–985
📍 Resistance zone: 1150–1180
🎯 Measured target: 1440+
XPT/USD "The Platinum" Metals Market Bull Heist Plan (DAY Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XPT/USD "The Platinum" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
Stop Loss 🛑:
📍 Thief SL placed at the recent/swing low level Using the 4H timeframe (935.000) Day trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 1015.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💴💸XPT/USD "The Platinum" Metals Market Heist Plan (Day / Swing Trade) is currently experiencing a bullishness🐂.., driven by several key factors.👆👆👆
📰🗞️Get & Read the Fundamental, Macro Economics, COT Report, Geopolitical and News Analysis, Sentimental Outlook, Intermarket Analysis, Supply and Demand Factors, Future trend targets with Overall outlook score... go ahead to check👉👉👉🔗🔗🌎🌏🗺
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Platinum May Be Coming to LifePlatinum has been dead money for years, but now it may be coming to life.
The first pattern on today’s chart is the falling trendline along the highs of last May and October. The metal just ripped through that resistance with its biggest daily gain since December 2022.
Next, MACD is rising and the 8-day exponential moving average (EMA) is above the 21-day EMA. Those signals may reflect bullish short-term momentum.
Third, prices have been near the 200-day simple moving average since late last year. That suggests the long-term trend is neutral, which may create the potential for a new uptrend.
Next, why would such a move begin? A Bloomberg report yesterday may have provided clues: Chinese demand jumped as retail buyers amassed coins and bars as an alternate to gold.
That brings us to the final indicator: a monthly ratio chart comparing platinum to gold. Its significant underperformance for decades could make some investors think it’s relatively undervalued.
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Platinum: The New Gold for the Next Decade?For centuries, Gold has been the ultimate store of value, a safe haven in times of economic uncertainty. However, as Gold potentially enters a multi-year distribution phase, investors may need to look elsewhere for the next big opportunity. Enter Platinum, a metal that is rarer, more versatile, and increasingly relevant in the modern industrial landscape.
Gold’s Distribution Phase and Bitcoin’s Speculative Nature
Gold has historically been a hedge against inflation and economic downturns, but recent trends suggest it may be topping out. Central banks have been stockpiling Gold, yet its price movements indicate a possible stagnation. Meanwhile, Bitcoin, once hailed as "digital gold," has shown extreme volatility, largely driven by speculation and relentless social media hype. Unlike Gold, Bitcoin lacks intrinsic value, and its future remains uncertain as institutional interest fluctuates.
Why Platinum Stands Out
Platinum is 30 times rarer than gold and has been in an accumulation phase since 2015. Unlike Palladium, which is highly volatile, Platinum maintains a more stable price structure. Its industrial applications make it indispensable in sectors such as:
Automotive Industry : Used in catalytic converters to reduce emissions.
Clean Energy & Hydrogen Economy : Essential in fuel cells for green energy.
Cloud Computing & Electronics : Platinum’s conductivity makes it valuable in advanced computing.
Space Exploration & Aerospace : Its resistance to extreme temperatures makes it ideal for high-tech applications.
Medical & Biomedical Uses : Found in cancer treatments and medical implants.
The Future of Platinum
With global trends shifting toward industrialization and sustainability, platinum’s demand is set to rise. Supply constraints, primarily due to limited mining operations in South Africa, further add to its scarcity. As gold enters a distribution phase, platinum is positioned to take off, potentially becoming a new standard for wealth preservation and industrial utility.
TVC:PLATINUM TVC:PALLADIUM TVC:GOLD TVC:SILVER MARKETSCOM:BITCOIN TVC:DXY SP:SPX EURONEXT:N100 BITSTAMP:BTCUSD OANDA:XAUUSD OANDA:XPTUSD OANDA:XPDUSD OANDA:XAGUSD
Platinum Wave Analysis – 20 May 2025
- Platinum broke the resistance level 1005.00
- Likely to rise to resistance level 1080.00
Platinum recently broke the resistance level 1005.00, former monthly high from February and March, as can be seen from the daily Platinum chart below.
The breakout of the resistance level 1005.00 increased the bullish pressure on Platinum.
Having just broken above the key resistance level 1050.00 (former monthly high from October), we can expect Platinum to rise to the next resistance level 1080.00.
Rare Platinum Setup Offers 7x Risk to RewardA breakout above 1000 in platinum could deliver a 7x risk to reward setup. In this short clip, we break down the technical pattern, timing, and trade plan.
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Platinum’s Path to $7,434: A Long-Term VisionPlatinum, often overshadowed by its precious metal counterparts, is poised for a transformative journey. While current forecasts for 2025 suggest modest price movements, a confluence of technical patterns and emerging industrial applications paints a compelling picture for substantial long-term appreciation.
📈 Technical Perspective: Fibonacci Insights
Analyzing platinum's price action from a historical low of $720 to a high of $2,305 reveals a significant Fibonacci extension level. The 423.6% extension projects a potential target near $7,434. While ambitious, such extensions have precedent in commodity markets, especially when underpinned by strong fundamental shifts.
🔍 Current Market Forecasts
Short to medium-term projections remain conservative:
Macquarie anticipates platinum reaching $1,250 per ounce by 2028, driven by supply deficits and non-automotive demand.
Reuters
CoinPriceForecast projects prices climbing to $2,867 by 2030, reflecting optimism about industrial demand and constrained supply.
InvestingHaven offers a base case of $900–$1,100 for 2025, with potential to exceed $1,250 if industrial demand strengthens.
These forecasts, while moderate, do not fully account for potential paradigm shifts in platinum's demand landscape.
⚙️ Emerging Demand Drivers
Several factors could catalyze a significant uptick in platinum demand:
Hydrogen Economy: Platinum's role in hydrogen fuel cells positions it as a critical component in the transition to clean energy. As countries invest in hydrogen infrastructure, demand for platinum could surge.
Supply Constraints: With approximately 70% of platinum mined in South Africa, geopolitical and operational challenges could tighten supply, exerting upward pressure on prices.
Investment Demand: As investors seek diversification and hedge against inflation, platinum's appeal as a tangible asset may grow, especially if it begins to outperform traditional precious metals.
🏁 Conclusion: A Vision Beyond the Horizon
While a spot price of $7,434 may seem distant, the alignment of technical indicators with emerging fundamental drivers suggests it's within the realm of possibility over the next decade. Investors with a long-term horizon and appetite for volatility might find platinum an intriguing addition to their portfolios.
XPT/USD "The Platinum" Metals Market Heist Plan (Swing/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the XPT/USD "The Platinum" Metals Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk ATR Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The heist is on! Wait for the MA breakout (975.000) then make your move - Bullish profits await!"
however I advise to Place Buy stop orders above the Moving average (or) Place buy limit orders within a 15 or 30 minute timeframe most recent or swing, low or high level for Pullback entries.
📌I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss 🛑: "🔊 Yo, listen up! 🗣️ If you're lookin' to get in on a buy stop order, don't even think about settin' that stop loss till after the breakout 🚀. You feel me? Now, if you're smart, you'll place that stop loss where I told you to 📍, but if you're a rebel, you can put it wherever you like 🤪 - just don't say I didn't warn you ⚠️. You're playin' with fire 🔥, and it's your risk, not mine 👊."
📍 Thief SL placed at the recent/swing low level Using the 2H timeframe (945.000) Day/Swing trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 1004.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
💰💵💴💸XPT/USD "The Platinum" Metals Market Heist Plan (Day / Swing Trade) is currently experiencing a bullishness🐂.., driven by several key factors.☝☝☝
📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets... go ahead to check 👉👉👉🔗🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Long Term BUY PlatinumThis is a long-term accumulation and trade for Platinum. In the short term, we can continue to see the range price action.
The previous cycle lasted approximately 3100 days (8.5 years)
I believe we will see a Platinum price of $4000-5000 by 2037.
The next platinum cycle is around the corner. A trendline break will spark the next platinum bull market. For now, I will be accumulating as much platinum as possible. This opportunity can lead to a 4-5x.
If you believe in the fundamentals and idea of this setup, feel free to use and follow it.
Not financial advice.