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May 15, 2026
NEWS: Platinum’s price is falling -3.2% as the safe haven greenback rises firmly this morning
Possible Scenarios:
If Platinum fails to breach through Reference Price of 2000.9, our Analysis Department expects Platinum to undergo a short- term upward correction.
If Platinum manages to break below its Reference Price of 2000.9, our Analysis Department expects Platinum to extend its losses to its S1 of 1962.48
Support and Resistance Levels:
|
Platinum |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1904.86 |
1933.67 |
1962.48 |
2000.90 |
2039.32 |
2068.13 |
2096.94 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €85.9 |
(+/-) £74.86 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.16420
***GBP/USD = 1.33584
Calculations for exchange rate used as of Friday, May 15, 2026, 8:10: AM