Platinum price is falling -1.6%
October 13, 2026
NEWS: Platinum price is falling -1.6% metals experience volatility ahead of tomorrow's expected US CPI inflation data.
Possible Scenarios:
If Platinum fails to breach through S1 of 1105.22, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 1105.22, our Analysis Department expects Platinum to extend its losses to its S2 of 1088.51
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1071.80 |
1088.51 |
1105.22 |
1127.50 |
1149.78 |
1166.49 |
1183.20 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.37 |
(+/-) £75.5 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11897
***GBP/USD = 1.32444
Calculations for exchange rate used as of Tuesday, October 13, 2026, 15:54: GMT +1