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

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

[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

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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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