NEWS:  Platinum price is falling -1.7% to its lowest level in over one year as rising oil prices fuel inflation concerns and continue to weigh on precious metals 
 

Possible Scenarios:

If Platinum fails to breach through S1 of 1420.44, our Analysis Department expects Platinum to undergo a short- term upward correction.

If Platinum manages to break below its S1 of 1420.44, our Analysis Department expects Platinum to extend its losses to its S2 of 1406.30
 

Support and Resistance Levels:

 

Potential Profit or Potential Loss Calculations:

 

*1 trading lot is equivalent of 100 units
**EUR/USD =  1.11402    
***GBP/USD =  1.33760    
Calculations for exchange rate used as of Friday, October 30, 2026, 2:07: PM