Platinum price is falling 1.9 %
October 14, 2026
NEWS: Platinum price is falling 1.9 % to its lowest level in three months after a report showed that U.S. inflation rose to 3.7% in September from 3.4% in August.
Possible Scenarios:
If Platinum fails to breach through S1 of 1636.28, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1636.28, our Analysis Department expects Platinum to extend its losses to its S2 of 1619.24
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1602.20 |
1619.24 |
1636.28 |
1659.00 |
1681.72 |
1698.76 |
1715.80 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.77 |
(+/-) £75.68 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11394
***GBP/USD = 1.32144
Calculations for exchange rate used as of Wednesday, October 14, 2026, 1:42: PM