“Platinum Price Must Break Key Resistance – Forecast for 15 October 2025”

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“Platinum price remains influenced by the persistent resistance near $1690.00, despite attempts to gain bullish momentum as suggested by key indicators. This has led to continued sideways movement around the $1650.00 level, while the price seeks stability above the additional support at $1600.00.

The bullish scenario remains valid as long as the price holds above the 61.8% Fibonacci extension level near $1625.00. A confirmed break above the $1690.00 barrier would open the path toward new historical highs, starting at $1745.00 and potentially extending to the main target at $1835.00.

Expected trading range for today: $1610.00 to $1690.00

Trend forecast: Sideways until a breakout occurs.”

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