“Platinum Applies Renewed Pressure on Support – Today’s Forecast – 17/11/2025”

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Platinum has struggled to sustain trading above the $1,605.00 level, with stochastic indicators signaling negative momentum, exerting clear pressure on the 61.8% Fibonacci extension at $1,625.00.

Ongoing bearish pressure suggests the potential for a further decline toward $1,482.00, with the 55-period moving average at $1,440.00 as the next possible target. A return to a bullish trend would require a strong upward rally to close decisively above $1,605.00.

Expected trading range for today: $1,482.00 – $1,565.00
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