Platinum (spot) intraday: the upside prevails as long as 1068.8 is support

Trading Central 2021-01-13 05:40:04

Our pivot point stands at 1068.8.

Our preference: the upside prevails as long as 1068.8 is support.

Alternative scenario: below 1068.8, expect 1059.1 and 1053.3.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Platinum (spot) is above its 20 and 50 period moving average (respectively at 1067.4 and 1062.3).

Supports and resistances:

1106.7 **

1100.9 *

1095.1 **

1089.3

1077.0 last

1072.6

1068.8 **

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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