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MarketsFN
Commodities

Platinum: Up 1.3% to $1760.80 β€” Above MA50 ($1689.86) β€” Constructive

QuoteReporter

β€’1 min read
Platinum: Up 1.3% to $1760.80 β€” Above MA50 ($1689.86) β€” Constructive

Platinum: Up 1.3% to $1760.80 β€” Above MA50 ($1689.86) β€” Constructive

Analysis Date: August 06, 2026

πŸ“Š Current Market Data

CURRENT PRICE
$1760.80
DAILY CHANGE
+1.35%
WEEKLY CHANGE
+6.59%
52W HIGH
$2852.40
52W LOW
$1302.30

πŸ’‘ Key Market Factors

Market commentary unavailable.

πŸ“ˆ Technical Indicators Summary

RSI (14)
61.7
50-Day MA
$1689.86
200-Day MA
$1911.69
Fib Level
61.8%

πŸ“Š Technical Analysis Chart (18-Month View)

Technical Analysis Chart
Technical analysis chart showing price action, moving averages, and RSI momentum indicator

πŸ“ Fibonacci Retracement Analysis

Fibonacci Retracement Chart
Fibonacci retracement levels showing key support and resistance zones

🎯 Key Trading Levels

Key Fibonacci Levels:

  • 38.2%: $2260.26
  • 50.0%: $2077.35
  • 61.8%: $1894.44

Support: $1302.30 (Swing Low), $1689.86 (50-Day MA)

Resistance: $2852.40 (Swing High)

Disclaimer

The content on MarketsFN.com is provided for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or trading guidance. All investments involve risks, and past performance does not guarantee future results. You are solely responsible for your investment decisions and should conduct independent research and consult a qualified financial advisor before acting. MarketsFN.com and its authors are not liable for any losses or damages arising from your use of this information.

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