Platinum happened to see the seasonal low levels over the weekend. It could correspond to what you observe in our chart below. The low may have been set in a few days early this year if daily prices are moving higher from here.

According to seasonalities, Platinum could stay strong over the next 6 - 8 weeks. Depending on the investment style do always keep an appropriate stop loss in case a trade turns south.

Positive intraday's for Platinum moves around + 2%, and negative moves could easily slip - 3%. This past week may have proven a turnaround by looking at the day to day moves in addition to the seasonality pic above.

The chart above indicates a positive move is in the making. The blue line is the price and is put together with a formulated MACD indicator to show streth and weakness.

The above indicator is derived from RSI levels now signaling strength rather than weakness.
Read more about investment supply and demand for Platinum here.
From time to time, partners and associates of intraday.se do keep positions in Platinum Spot and Futures contracts. The charts above, are only historical prices and indicators to see how Platinum has evolved in the past, and is not intended as any type of financial advice. See our disclamer.
2021-06-27 22:00 | Platinum, Seasonality