Platinum (spot) intraday: as long as 935.1 is support look for 966.3

Trading Central 2020-11-19 06:05:04

Our pivot point stands at 935.1.

Our preference: as long as 935.1 is support look for 966.3.

Alternative scenario: below 935.1, expect 923.0 and 915.8.

Comment: the RSI is above 50. The MACD is positive and below its signal line. Prices could retrace in the short term. Platinum (spot) is above its 20 and 50 period MA (respectively at 944.0 and 936.4).

Supports and resistances:

980.8 **

973.5 *

966.3 **

959.1

944.7 last

939.9

935.1 **

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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