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May 14, 2026
NEWS: Platinum price is falling -2.9% as the U.S. dollar rises with the start of the U.S. trading session
Possible Scenarios:
If Platinum fails to breach through S1 of 2042.87, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its S1 of 2042.87, our Analysis Department expects Platinum to extend its losses to its S2 of 2015.78
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1988.68 |
2015.78 |
2042.87 |
2079.00 |
2115.13 |
2142.22 |
2169.32 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.53 |
(+/-) £74.08 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16923
***GBP/USD = 1.34984
Calculations for exchange rate used as of Thursday, May 14, 2026, 14:36: GMT+1