Platinum (spot) intraday: as long as 1071.7 is sup

Platinum (spot) intraday: as long as 1071.7 is support look for 1099.5

XPTUSD

Trading Central 2021-01-13 12:53:04

Our pivot point stands at 1071.7.

Our preference: as long as 1071.7 is support look for 1099.5.

Alternative scenario: below 1071.7, expect 1061.9 and 1056.1.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. Prices could retrace in the short term. Platinum (spot) is above its 20 and 50 period moving average (respectively at 1079.3 and 1070.3).

Supports and resistances:

1111.1 **

1105.3 *

1099.5 **

1093.6

1081.2 last

1075.5

1071.7 **

Disclaimer

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