NEWS: Platinum is falling 2.2% to its lowest level in two months as high U.S. Treasury yields continue to support the dollar ahead of the Federal Reserve’s meeting minutes release later today.  

Possible Scenarios:

If Platinum fails to breach through S2 of 1664.87, our Analysis Department expects Platinum to undergo a short- term upward correction.

If Platinum manages to break below its S2 of 1664.87, our Analysis Department expects Platinum to extend its losses to its S3 of 1651.40
 

Support and Resistance Levels:

 

Potential Profit or Potential Loss Calculations:

 

*1 trading lot is equivalent of 100 units
**EUR/USD =  1.11969    
***GBP/USD =  1.32425    
Calculations for exchange rate used as of Wednesday, October 7, 2026, 9:50: AM