
Why Platinum could become the 'value metal' of the next commodity cycle
Why Platinum could become the 'value metal' of the next commodity cycle

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Why Platinum could become the 'value metal' of the next commodity cycle

Platinum recently broke the resistance zone between the resistance level 1835.00 (which has been reversing the price from June), resistance trendline from March and the 61.8% Fibonacci correction of the downward impulse from June.

Friday gave metal bulls something to celebrate, with gold confirming a major breakout and silver finally pushing above its consolidation.

This week has once again proven that key technical levels matter.