CME NYMEX: PL - Platinum Futures Prices Forecast - up to 954 - Commodity Trading Today
The market is cluttered. Platinum prices are rising. It seems that platinum is saying "my turn this time". Someone, big hand, seems to be managing platinum prices.
Important price lines are 868.5 and 833.9. 954 and 1030 will be the resistance lines. If it goes over 686.5, it will be a signal that means to go up to 954.
Perhaps, some people think of the Palladium. Maybe it will. But I do not know yet. If it goes over 1200, we could think so. At this point, all we can do is holding the buy positions. Wait and see.
[Platinum price weekly chart, CME NYMEX: PL]
Important price lines are 868.5 and 833.9. 954 and 1030 will be the resistance lines. If it goes over 686.5, it will be a signal that means to go up to 954.
Perhaps, some people think of the Palladium. Maybe it will. But I do not know yet. If it goes over 1200, we could think so. At this point, all we can do is holding the buy positions. Wait and see.
[Platinum price weekly chart, CME NYMEX: PL]