NEWS: Platinum price is rising 3.6% after U.S. inflation data came in lower than expected.
Possible Scenarios:
If Platinum fails to breach through R1 of 2119.91, our Research Department expects Platinum to undergo a short- term downward correction.
If Platinum manages to break above its R1 of 2119.91, our Research Department expects Platinum to extend its gains to its R2 of 2166.35.
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1903.22 |
1949.65 |
1996.09 |
2058.00 |
2119.91 |
2166.35 |
2212.78 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
EUR** |
GBP*** |
|
|
(+/-) $100 |
(+/-) €84.25 |
(+/-) £73.33 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.18695
***GBP/USD = 1.36374
Calculations for exchange rate used as of Friday, February 13, 2026, 14:37 GMT