Platinum Forecast This Week — Outlook, Drivers & Key Levels
This week's Platinum outlook: key drivers, volatility context, risk-opportunity assessment and the week ahead.
The Desk
Silver Forecast This Week — Outlook, Drivers & Key Levels
This week's Silver outlook: key drivers, volatility context, risk-opportunity assessment and the week ahead.
Market Of The Week: ★Gold (GC)★ Market may be underestimating depth of central bank demand deterioration…
Gold (GC): Market may be underestimating depth of central bank demand deterioration (January 5t versus 27t average) while overweighting geopolitical safe-haven narrative that failed to support gold during March 19 6% intraday crash; desk recognizes breakdown is real but timing of BEARISH call after
Core
S&P 500 (ES) — Extreme fear sentiment capitulation with VIX 26.78 and Fear & Greed 15 creating…
Divided between extreme fear capitulation suggesting oversold bounce and technical breakdown continuation with majority positioning defensively into quarter-end despite contrarian sentiment signals
Core
Nasdaq 100 (NQ) — -0.5 between 24101 support and 24634 resistance with 5/10 confidence
Defensive and fearful with 52% AAII bears expecting further downside, but institutional positioning moderately bearish rather than capitulating suggests tactical caution without full panic
Core
Crude Oil (CL) — Market may be overextended on geopolitical premium at $98 WTI with extreme…
Tactically bullish short-term on geopolitical disruption sustaining but increasingly acknowledging Goldman Sachs Q4 forecast $71 Brent implies significant downside from current $98 WTI as structural oversupply fundamentals expected to reassert once Hormuz normalizes
Core
EUR/USD (6E) — Desk NO CALL stance fully aligns with market noise threshold reality and…
EUR/USD consolidation in 1.15-1.18 range through March with neutral bias after dual central banks delivered expected holds removing catalyst
Extended
Copper (HG) — Market may be underweighting that March 18-19 LME inventory surge to 335,425t…
Copper elevated on supply deficit narrative but near-term consolidation expected with elevated inventories, China demand uncertainty, and risk-off sentiment creating volatility
Extended
Silver (SI) — breaking down in extreme regime
Market consensus fractured between structural bulls targeting $75-85 consolidation and capitulation bears projecting $60-65 test, with CoinCodex algorithm predicting -7.96% decline to $74.20 by March 26 though this forecast predates the March 18-20 hawkish Fed shock
Extended
Russell 2000 (RTY) — ISM Manufacturing PMI for March 2026 at 10:00 AM ET, critical test of economic…
Small-caps under severe pressure from FOMC hawkish pivot removing easing catalyst, but retaining fundamental appeal from 17-22% earnings growth outlook once volatility settles and Fed clarity emerges
Extended
USD/JPY (6J) — Market significantly underpricing rate differential compression trajectory…
Market expects continued USD/JPY consolidation 156-160 range with slight bearish yen bias on persistent rate differentials; BoJ March hold seen as dovish despite maintained forward guidance
Extended
GBP/USD (6B) — US Employment Situation Report for March 2026 followed by UK monthly trade data…
Neutral to mildly bearish consolidation expected with defensive positioning as markets digest BoE's hawkish inflation revision to 3.0-3.5% range following Iran conflict energy shock