NEWS: Platinum price is falling -2.5% ahead of US-Russia meeting today in Alaska
Possible Scenarios:
If Platinum fails to breach through S1 of 1337.31, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1337.31, our Research Department expects the Platinum to extend its losses to its S2 of 1327.05
Support and Resistance Levels:
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1316.78 |
1327.05 |
1337.31 |
1351.00 |
1364.69 |
1374.95 |
1385.22 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.54 |
(+/-) £73.73 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16910
***GBP/USD = 1.35629
Calculations for the exchange rate used as of Friday, August 15, 2025, 12:20 GMT+1