Platinum: Bullish bias holds as breakout test looms - OCBC

OCBC’s Christopher Wong keeps a firmer tactical bias on Platinum, favouring buy-on-dips despite a recent loss of momentum near 1860–1910. Mild bullish momentum remains intact, with key resistance at 1863–1943 and upside potential towards 2065 on a clean breakout. Supports are identified around 1815 and 1765, anchoring the constructive near-term view.

Rebound pauses but structure positive

"Platinum retains the firmer tactical bias. Platinum's mild bullish momentum and buy-on-dips bias remain intact, though it needs to clear 1863-1943 to extend towards 2,065."

"Platinum’s rebound has lost some momentum with the recent rally stalling around the 1860-1910 area. Last seen at 1850 levels."

"Mild bullish momentum remains intact. Key area of resistance at 1863 (23.6% fibo retracement of 2026 high to low) - 1943 (200 DMA). A clean break out is needed for bulls to gain greater conviction. Next resistance at 2065 (38.2% fibo). Bias to buy dips."

"Support at 1815 (100 DMA), 1765 (21 DMA)"