NEWS: Platinum price is falling -11.4% as Platinum continues its retreat from fresh all time highs
Possible Scenarios:
If Platinum fails to breach through Reference Price of 1923.00, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its Reference Price of 1923.00, our Research Department expects the Platinum to extend its losses to its S1 of 1839.32
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1713.80 |
1776.56 |
1839.32 |
1923.00 |
2006.68 |
2069.44 |
2132.20 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.31 |
(+/-) £74.47 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17219
***GBP/USD = 1.34282
Calculations for exchange rate used as of Wednesday, December 31, 2025, 09:10 GMT