NEWS: Platinum price is increasing 2.5% as geopolitical tensions between the US and Russia are on the rise
Possible Scenarios:
If Platinum fails to breach through R2 of 1421.17, our Research Department expects the Platinum to undergo a short- term downward correction.
If Platinum manages to break above its R2 of 1421.17, our Research Department expects the Platinum to extend its gains to its R3 of 1432.38.
Support and Resistance Levels:
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1357.62 |
1368.83 |
1380.05 |
1395.00 |
1409.95 |
1421.17 |
1432.38 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.31 |
(+/-) £73.76 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17220
***GBP/USD = 1.35572
Calculations for exchange rate used as of Friday, September 12, 2025, 15:15 GMT+1