NEWS: Platinum price is increasing 4.5% on expectations of stronger demand and tight supply.
Possible Scenarios:
if Platinum fails to breach through R1 of 2133.70, our Research Department expects the Platinum to undergo a short- term downward correction.
If Platinum manages to break above its R1 of 2133.70, our Research Department expects the Platinum to extend its gains to its R2 of 2160.47.
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
2008.76 |
2035.53 |
2062.30 |
2098.00 |
2133.70 |
2160.47 |
2187.24 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €85.23 |
(+/-) £74.43 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17325
***GBP/USD = 1.34357
Calculations for exchange rate used as of Monday, December 22, 2025, 11:40 GMT