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FX.co ★ Platinum has the potential to strengthen toward its nearest resistance level today. Wednesday, October 15, 2025.

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Forex Analysis:::2025-10-15T07:46:07

Platinum has the potential to strengthen toward its nearest resistance level today. Wednesday, October 15, 2025.

[Platinum] – [Wednesday, October 15, 2025]

Even though the intersection of the Golden Cross of the two EMA(50) & (200) is relatively narrow, but with the RSI in the Neutral-Bullish zone suggests that buyers are still dominant in Platinum.

Key Levels:

Level-Level Kunci

1. Resistance. 2 : 1743.0

2. Resistance. 1 : 1704.0

3. Pivot : 1672.5

4. Support. 1 : 1633.5

5. Support. 2 : 1602.0

Tactical Scenario:

Positive Reaction Zone: If Platinum breaks and closes above 1704.0, it may move to test 1743.0.

Momentum Extension Bias: If Platinum successfully breaks and closes above 1743.0, there is potential for it to reach 1774.5.

Invalidation Level / Bias Revision:

The upside bias weakens if Platinum falls and closes below 1602.0.

Technical Summary:

EMA(50) : 1674.9

EMA(200): 1670.1

RSI(14) : 55.03

Economic News Release Agenda:

Tonight, the only economic release from the United States is the Empire State Manufacturing Index at 19:30 WIB.

Platinum has the potential to strengthen toward its nearest resistance level today. Wednesday, October 15, 2025.

Analyst InstaForex
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