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

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
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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