Today, Platinum has the potential to weaken toward its nearest support level. Wednesday, October 29, 2025.

[Ben Graham]

[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

The material has been provided by InstaForex Company - www.instaforex.com