Platinum (spot) intraday: the upside prevails as long as 1233.9 is support

Trading Central 2021-02-24 12:42:14

1233.9 is our pivot point.

Our preference: the upside prevails as long as 1233.9 is support.

Alternative scenario: the downside breakout of 1233.9 would call for 1212.1 and 1199.1.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Platinum (spot) is trading above both its 20 and 50 period moving average (respectively at 1248.6 and 1251.1).

Supports and resistances:

1316.8 **

1303.8 *

1290.8 **


1251.3 last


1233.9 **

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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