[Platinum] – [Thursday, October 02, 2025]
With all technical indicators pointing to bullish conditions, such as the RSI being at a Neutral-Bullish level and both EMAs forming a Golden Cross, today #PLF has the potential to strengthen toward its nearest resistance level.
Key Levels
1. Resistance. 2 : 1654.7
2. Resistance. 1 : 1624.8
3. Pivot : 1600.7
4. Support. 1 : 1570.8
5. Support. 2 : 1546.7
Tactical Scenario
Positive Reaction Zone: If Platinum breaks and closes above 1600.7, it has the opportunity to test the next level at 1624.8.
Momentum Extension Bias: If 1624.8 is breached and closes above that level, #PLF could strengthen further up to 1654.7.
Invalidation Level / Bias Revision
The upside bias weakens if Platinum drops and closes below 1546.7.
Technical Summary
EMA(50) : 1596.6
EMA(200): 1577.8
RSI(14) : 55.65
Economic News Release Agenda:
Tonight, the United States will release the following economic data:
US - Challenger Job Cuts y/y - 18:30 WIB
US - Unemployment Claims - Tentative
US - Factory Orders m/m - Tentative
US - Natural Gas Storage - 21:30 WIB
