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FX.co ★ Platinum has the potential to strengthen up to its nearest resistance level today. Tuesday, October 07, 2025.

Platinum has the potential to strengthen up to its nearest resistance level today. Tuesday, October 07, 2025.

[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).

Platinum has the potential to strengthen up to its nearest resistance level today. Tuesday, October 07, 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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