NEWS: Platinum’s price is falling -2.0% to trade at a one month low following disappointing Manufacturing data in Germany and the Eurozone.
Possible Scenarios:
If Platinum fails to breach through S1 of 1467.22, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1467.22, our Research Department expects the Platinum to extend its losses to its S2 of 1448.64
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1430.06 |
1448.64 |
1467.22 |
1492.00 |
1516.78 |
1535.36 |
1553.94 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.81 |
(+/-) £76.59 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15189
***GBP/USD = 1.30571
Calculations for exchange rate used as of Thursday, November 21 2025, 11:25 GMT+1