NEWS: Platinum price is falling -2.7% as platinum retreats from four week highs
Possible Scenarios:
If Platinum fails to breach through S2 of 1615.74, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S2 of 1615.74, our Research Department expects the Platinum to extend its losses to its S3 of 1601.06
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1601.06 |
1615.74 |
1630.42 |
1650.00 |
1669.58 |
1684.26 |
1698.94 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.06 |
(+/-) £75.95 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16194
***GBP/USD = 1.31658
Calculations for exchange rate used as of Thursday, November 13 2025, 14:05 GMT