“Platinum Price Rebounds with Positive Momentum – Technical Forecast (17 October 2025)”

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Platinum price capitalized on positive stochastic signals, rallying yesterday above the $1,690.00 level and settling within the minor bullish channel, reaching a new high at $1,728.00.

We anticipate a renewed bullish push targeting the next resistance around $1,745.00. Breaking this level would confirm strong momentum, potentially driving the price higher toward $1,780.00 and $1,835.00.

The expected trading range for today is between $1,675.00 and $1,745.00.

Trend forecast: Bullish

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