What are the support and resistance levels for platinum?
Using classic floor-trader pivots from the recent range, platinum has support at MAD528.13 and MAD496.33, and resistance at MAD575.88 and MAD591.82, around a pivot of MAD544.08 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