Platinum maintains a steady upward trend on the weekly chart. In recent weeks, the price movement has frequently shown range-bound consolidation, each time ending with an upward breakout. This rhythm reinforces the overall bullish outlook.

Last week, a spinning top was formed, which usually indicates that the bulls and bears are still competing in the short term. However, from the overall cycle perspective, the upward trend remains unchanged. As long as the price continues to hold above the key support levels, the next wave of gains is worth looking forward to. The recent trading signals in the precious metals market still lean towards optimism.