Will Platinum Rebound From Recent Lows? | Platinum Price Analysis 2022
Here is our next video about Platinum price analysis for 2022. Platinum price has been hit recently by a chip shortage that forced automakers to cut production of vehicles containing the previous metal. According to the Platinum price analysis, Platinum 2022 will likely continue to see strong importation into China, which is determined as being significantly above identified demand. The Platinum price forecast shows that would probably put some pressure on the Platinum price in 2022, especially at the beginning of the year. However, analysts also claim that the refined Platinum production could be falling below the 2019 level near the end of next year, resulting in end-2022 supply being constrained at a time when demand will likely be particularly strong - something that upgrades the Platinum price analysis today. Watch the full video for our take on Platinum analysis and a deeper insight into what to expect in the weeks ahead from our Platinum technical analysis. Drop us a line in the comments with your thoughts on the Platinum price prediction. To be notified about the latest Platinum chart forecast and news, subscribe to Capital.com, and click that notification bell. 00:00 Intro 01:47 Platinum is falling! 05:32 Support and resistance 06:14 Technical analysis 12:56 Recap *** Explore trading and start investing with Capital.com. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.26% 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. This video is for general information only and is not intended to provide trading or investment advice or any personal recommendations. The information in this video is indicative, and may become out of date at any given time. Capital.com shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Any information relating to past performance of an investment does not necessarily guarantee future performance. Please remember spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage, You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Invest only what you can afford to lose. These products may not be suitable for all clients, we therefore recommend that you seek independent advice and ensure you fully understand the risk involved before trading. You do not own, or have any interest in the underlying assets. Professional clients can incur losses that exceed their deposits when spread betting and trading CFDs.
