PLATINUM Weekly Forecast: 24–31 October 2026
Platinum has a bearish weekly bias as D1 and H4 momentum remain negative, although the mixed D1 close sequence and position above support leave room for consolidation.
Current outlook · 31 Oct–7 Nov 2026
Platinum remains bearish for the week as D1 and H4 momentum align negatively, although mixed D1 closes and support at 1420.43 leave room for consolidation.
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Platinum has a bearish weekly bias as D1 and H4 momentum remain negative, although the mixed D1 close sequence and position above support leave room for consolidation.
Platinum has a bearish weekly bias, supported by D1 structure and negative momentum, although mixed closes and improving H4 MACD histogram momentum leave room for consolidation.
Platinum retains a bearish weekly bias as negative D1 momentum and falling averages outweigh neutral H4 conditions, with mixed closes leaving consolidation risk.
Platinum settled at 1721.65, holding above dynamic lower Bollinger support at 1686.15 and broad support at 1560.61, while MACD at -14.76 and RSI at 44.00 maintain a neutral-to-bearish tone beneath overhead resistance at 1926.43.