NEWS: Platinum price is falling 2.9% after first hitting its highest rates since 2011.
Possible Scenarios:
If Platinum fails to breach through S1 of 1677.45, our Research Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1677.45, our Research Department expects Platinum to extend its losses to its S2 of 1660.53.
Support and Resistance Levels:
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1643.62 |
1660.53 |
1677.45 |
1700.00 |
1722.55 |
1739.47 |
1756.38 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.47 |
(+/-) £74.54 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17004
***GBP/USD = 1.34160
Calculations for exchange rate used as of Friday, October 17, 2025, 09:40 GMT+1