Platinum Price Forecast – Will Platinum be the Next to Breakout

The global health crisis triggered unprecedented stimulus and debt expansion. Platinum is sensitive to inflation (like silver) and should respond bullishly. Longer-term, I think platinum could double the price of gold due to supply constraints.

PLATINUM LONG-TERM

A breakout above $1050 is needed to confirm a new bull market. With all the money printing, we see it as only a matter of time.

PLATINUM NEAR-TERM TARGET

We see platinum finding support between $700 – $800. A breakout above $1050 in 2021 could signal an advance to $1750+.

Click here for my article – Gold Forecast: Prices Collapsing to Cycle Target as Predicted

AG Thorson is a registered CMT and expert in technical analysis. He believes we are in the final stages of a global debt super-cycle. For more information visit here.