Platinum price is falling -1.2%
October 26, 2026
NEWS: Platinum price is falling -1.2% to its lowest level in 11 months as a stronger U.S. dollar continues to weigh on precious metals.
Possible Scenarios:
If Platinum fails to breach through S1 of 1510.73, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1510.73, our Analysis Department expects Platinum to extend its losses to its S2 of 1498.97
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1487.22 |
1498.97 |
1510.73 |
1526.40 |
1542.07 |
1553.83 |
1565.58 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €89.43 |
(+/-) £74.97 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11820
***GBP/USD = 1.33393
Calculations for exchange rate used as of Monday, October 26, 2026, 13:38 GMT+1