What are the support and resistance levels for platinum?
Using classic floor-trader pivots from the recent range, platinum has support at AED192.63 and AED181.03, and resistance at AED210.05 and AED215.86, around a pivot of AED198.45 per gram.
The detail
Pivot levels are arithmetic on the recent high, low and close — not predictions. They are useful mainly because many traders compute the same numbers, which can make them briefly self-fulfilling.
A level "holding" or "breaking" is only meaningful in hindsight. Treat these as reference points on a chart, not as thresholds that will be respected.
How this answer is produced
Related questions about platinum
Also searched
platinum support and resistance · platinum pivot points · platinum resistance level today