Platinum Futures Break Out to Multi-Year Highs
Platinum futures surged to $2,419, gaining +6.47% in a single session and marking a clear technical breakout from a long multi-year consolidation.
📈 What stands out
Strong bullish impulse candle after years of range-bound price action
Break above prior resistance confirms trend acceleration
Rising volume supports institutional participation
🔍 Market context
Tight supply dynamics and improving industrial demand
Precious metals gaining traction amid macro uncertainty
⚠️ Short-term note
Momentum remains strong, but price is extended — pullbacks toward breakout zones may offer better risk-reward entries.
Trend bias: Bullish as long as price holds above the breakout level.. .
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