FX.co ★ Technical analysis of Platinum

Platinum (#PLF):

The chart shows the movement of platinum in the hourly (H1) chart.

The support level of $897.0 is important for the trend to continue. In the event of a breakdown, a new target will be opened, that is, the level of $874.0 (as shown on the chart). However, this will happen only when the resistance level of $889.2 is broken.

In case of a rebound from the resistance level, quotes may rise to $906.0.

Good luck!