| Gold is down $90 on the day but did stall the fall at a key target floor. |
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Can platinum renew the all-time high? | trade of the week | 20.01.2026
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Platinum could break higher if momentum and metal narratives persist.
Platinum is trading in a tight volatility coil after the recent rally in Gold and Silver, suggesting a potential momentum breakout. With physical supply remaining tight and investment sentiment improving, a break above the $2450 area could open the way toward $2650 — the projected height of the pattern and a key Fibonacci extension. A softer-than-expected US PCE reading may further support the upside move.
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