NEWS: Platinum price is falling -3.5% as platinum retreats from more than one month highs, ahead of NFP data coming out of the US
Possible Scenarios:
If Platinum fails to breach through S2 of 1384.85, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S2 of 1384.85, our Research Department expects the Platinum to extend its losses to its S3 of 1369.78
Support and Resistance Levels:
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1369.78 |
1384.85 |
1399.91 |
1420.00 |
1440.09 |
1455.15 |
1470.22 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.96 |
(+/-) £74.49 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16333
***GBP/USD = 1.34250
Calculations for exchange rate used as of Thursday, September 04, 2025, 13:50 GMT+1