After a rebounding upon the release of the non-farm payrolls data, platinum seems to have formed an ascending channel which is about to break to the downside.
Considering that the rate hike scenario for 2026 is still into play, only delayed a bit for now, I am prone to believe that the macro-scenario is still bearish for precious metals.
Considering that the rate hike scenario for 2026 is still into play, only delayed a bit for now, I am prone to believe that the macro-scenario is still bearish for precious metals.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.