NEWS: Platinum price is rising 1.2% after hitting the lowest level in two weeks.
Possible Scenarios:
if Platinum fails to breach through R1 of 1543.32, our Research Department expects the Platinum to undergo a short- term downward correction.
If Platinum manages to break above its R1 of 1543.32, our Research Department expects the Platinum to extend its gains to its R2 of 1561.93.
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1456.46 |
1475.07 |
1493.68 |
1518.50 |
1543.32 |
1561.93 |
1580.54 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.28 |
(+/-) £76.01 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15906
***GBP/USD = 1.31568
Calculations for exchange rate used as of Tuesday, November 18, 2025,09:05 (GMT)