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May 19, 2026
NEWS: Platinum price is falling -1.5% as volatility increases in the precious metals market amid a re-emergence of uncertainty surrounding the Middle East conflict.
Possible Scenarios:
If Platinum fails to breach through S2 of 1905.97, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S2 of 1905.97, our Analysis Department expects Platinum to extend its losses to its S3 of 1878.7
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1878.70 |
1905.97 |
1933.24 |
1969.60 |
2005.96 |
2033.23 |
2060.50 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €86.16 |
(+/-) £74.68 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16068
***GBP/USD = 1.33907
Calculations for exchange rate used as of Tuesday, May 19, 2026, 14:28: GMT +1