NEWS: Platinum price is falling -5.5% as platinum retreats from its all time highs
Possible Scenarios:
If Platinum fails to breach through Reference Price of 2260.90, our Research Department expects the Platinum to undergo a short- term upward correction.
If Platinum manages to break below its Reference Price of 2260.90, our Research Department expects the Platinum to extend its losses to its S1 of 2209.12
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
2131.46 |
2170.29 |
2209.12 |
2260.90 |
2312.68 |
2351.51 |
2390.34 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €84.75 |
(+/-) £73.95 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17970
***GBP/USD = 1.35188
Calculations for exchange rate used as of Wednesday, December 24, 2025, 09:10 GMT