Platinum Trading range for long and short opportunities

28 בנוב׳

Platinum is a highly traded commodity known for its volatility and cyclical price movements. By combining short-term Bollinger Bands with medium-to-long-term trendlines, traders can better identify profitable entry and exit points. In this analysis, we’ll break down the provided chart to highlight key trading opportunities for Platinum.

Chart Overview: Key Components

• Bollinger Bands: Short-term indicators of price volatility and overbought/oversold conditions.
  
• Support Trendline: Indicates long-term price support zones for buy opportunities.
  
• Resistance Trendline: Marks upper resistance zones for potential sell signals.