| 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. Trading is risky. Trade with care and keep watching our informative videos to enhance your trading skills and strategies. #platinum #metaltrading #commodities #tradeplatinum #tradeoftheweek #cfdmarkets |
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