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
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 converter
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 fr
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 wa
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 correct
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
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 h
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.