[Platinum] – [Wednesday, October 29, 2025]
With the appearance of a Bearish Divergence between the RSI and Platinum's price movement, along with both EMAs forming a Death Cross, Platinum has the potential to decline today.
Key Levels:
1. Resistance. 2 : 1650.8
2. Resistance. 1 : 1617.7
3. Pivot : 1559.8
4. Support. 1 : 1526.7
5. Support. 2 : 1468.8
Tactical Scenario:
Pressure Zone: If the price of #PLF breaks below 1559.8, Platinum may test the 1526.7 level.
Momentum Extension Bias: If 1526.7 is breached and closes below, Platinum will move to the 1468.8 level.
Invalidation Level / Bias Revision:
Downside bias is restrained if the price of Platinum strengthens and breaks through and closes above the 1650.8 level.
Ringkasan Teknikal
EMA(50) : 1576.4
EMA(200): 1582.8
RSI(14) : 48.49 + Bearish Divergent
Economic News Release Agenda:
Tonight and early morning from the United States, the following economic data will be released:
US - Pending Home Sales m/m - 21:00 WIB
US - Crude Oil Inventories - 21:30 WIB
US - US Fed Fund Rate - 01:00 WIB
