CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

PLATINUM

Special Reports - 08/08/2025

08 August, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

PLATINUM Weekly Special Report based on 1 Lot Calculation:

TECHNICAL ANALYSIS:

  • PSYCHOLOGICAL SUPPORT AT $1,300: Platinum prices have tested the $1,300 level, a psychologically significant support zone, and bounced back, confirming buyer interest near this key threshold. While this area has held for now, a decisive break below could trigger deeper losses and shift the market into a more pronounced bearish phase.
  • PLATINUM PRICE RECOVERS AFTER MORE THAN ONE-MONTH LOW ($1,269.3): Following a sharp correction of nearly $200 from the recent peak of $1,509.4, platinum reached its lowest level in over a month at $1,269.3. However, the rebound back above $1,300 indicates stabilization.
  • 100-DAY MOVING AVERAGE TREND: The 100-day moving average continues to slope upward, currently well below price action, reflecting a long-term bullish trend still intact. As long as prices remain above both the moving average and the $1,300 zone, the outlook remains positive. However, if prices fall below those critical values, a negative trend could develop.

GRAPH (Daily): May 2025 - August 2025

Please note that past performance does not guarantee future results

EVENTS:

  • SATURDAY, AUGUST 9 AT 02:30 GMT+1: CHINA INFLATION (CPI) (JULY). A higher-than-expected reading could support platinum prices by indicating improving economic activity, especially in the automotive and manufacturing sector. (PREVIOUS: +0.1%)
  • TUESDAY, AUGUST 12 AT 13:30 GMT+1: US INFLATION (CPI) (JULY). A lower-than-expected reading could be positive for the platinum price, as it could show the Fed cutting interest rates sooner and more aggressively. This index measures the change in the prices of goods and services from the consumer's perspective. (PREVIOUS: +2.7%).

GEOPOLITICS: TENSIONS RISE BETWEEN THE USA AND RUSSIA

  • EVENT (FRIDAY, AUGUST 8): US PRESIDENT DONALD TRUMP THREATENED 100% TARIFFS ON RUSSIAN GOODS AND 100% SECONDARY TARIFFS FOR COUNTRIES THAT BUY RUSSIAN OIL IF NO CEASEFIRE DEAL WITH UKRAINE IS REACHED BY FRIDAY, AUGUST 8. According to Reuters, Trump gave the Russian president a new deadline to make peace or face 100% tariffs on Russian goods, and more importantly, 100% sweeping secondary tariffs, implying that trade sanctions would be imposed on countries that continue importing Russian oil and other commodities.
  • RUSSIA IS THE 2nd LARGEST PLATINUM PRODUCER IN THE WORLD AND THE SECOND LARGEST PLATINUM EXPORTER IN THE WORLD. Russia is the 2nd largest platinum exporter (13%) and producer in the world (up to 10%) after South Africa.

Platinum, August 8, 2025.
Current Price: 1,340

PLATINUM

Weekly

Trend direction

UP

Resistance 3

1,600

Resistance 2

1,500

Resistance 1

1,420

Support 1

1,270

Support 2

1,260

Support 3

1,250

Example of calculation based on weekly trend direction for 1.00 Lot1

PLATINUM

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

26,000

16,000

8,000

-7,000

-8,000

-9,000

Profit or loss in €²

22,298

13,722

6,861

-6,003

-6,861

-7,719

Profit or loss in £²

19,333

11,897

5,949

-5,205

-5,949

-6,692

Profit or loss in C$²

35,690

21,963

10,982

-9,609

-10,982

-12,354

  1. 1.00 lot is equivalent of 100 units
  2. Calculations for exchange rate used as of 09:50 (GMT+1) 08/08/2025

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than the suggested one.
  • Trailing stop techniques could protect the profit.
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