What are the support and resistance levels for platinum?
Using classic floor-trader pivots from the recent range, platinum has support at KD16.73 and KD16.63, and resistance at KD17.03 and KD17.23, around a pivot of KD16.93 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