NEWS: Platinum price is falling -10.4% after testing a new all-time high day before.
Possible Scenarios:
If Platinum fails to breach through S2 of 2246.01, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S2 of 2246.01, our Research Department expects the Platinum to extend its losses to its S3 of 2199.3
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
2199.30 |
2246.01 |
2292.72 |
2355.00 |
2417.28 |
2463.99 |
2510.70 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €84.93 |
(+/-) £74.18 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17745
***GBP/USD = 1.34800
Calculations for exchange rate used as of Monday, December 29, 2025, 08:07 GMT