[Platinum] – [Tuesday, October 07, 2025]
With the RSI in the Neutral-Bearish area but both EMAs in a Golden Cross condition, Platinum should strengthen up to its nearest resistance in the near future.
Key Levels
1. Resistance. 2 : 1699.0
2. Resistance. 1 : 1677.0
3. Pivot : 1655.0
4. Support. 1 : 1633.0
5. Support. 2 : 1611.0
Tactical Scenario
Positive Reaction Zone: If #PLF breaks through and closes above 1655.0, there is potential to test 1677.0.
Momentum Extension Bias: If Platinum breaks through and closes above 1677.0, it will likely continue strengthening to 1699.0.
Invalidation Level / Bias Revision
Upside bias weakens if Platinum declines and breaks through and closes below 1611.0.
Technical Summary
EMA(50) : 1650.4
EMA(200): 1619.4
RSI(14) : 44.50
Economic News Release Agenda:
Today from the United States there will be releases of Trade Balance and RCM/TIPP Economic Optimism data (time to be determined).
