NEWS: Platinum is down 1.0%, sliding to a four-day low amid a broader decline in the metals market.
Possible Scenarios:
If Platinum fails to breach through S1 of 1383.56, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1383.56, our Research Department expects Platinum to extend its losses to its S2 of 1373.48
Support and Resistance Levels:
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1363.40 |
1373.48 |
1383.56 |
1397.00 |
1410.44 |
1420.52 |
1430.60 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €84.38 |
(+/-) £73.25 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.18476
***GBP/USD = 1.36468
Calculations for exchange rate used as of Wednesday, September 17, 2025, 09:55 (GMT+1)