[Platinum] – [Tuesday, November 11, 2025]
Although a Bearish Divergence has appeared on the RSI indicator, but its position in the Neutral-Bullish zone along with both EMAs still in a Golden Cross formation gives probability to #PLF to strengthen today.
Key Levels:
1. Resistance. 2 : 1637.8
2. Resistance. 1 : 1616.7
3. Pivot : 1582.8
4. Support. 1 : 1561.7
5. Support. 2 : 1527.8
Tactical Scenario:
Positive Reaction Zone: If #PLF breaks through and closes above 1616.7, it has the potential to continue its strength up to the 1637.8 level.
Momentum Extension Bias: If 1637.8 is surpassed, Platinum will test the 1671.7 level.
Invalidation Level / Bias Revision:
The upside bias weakens if Platinum declines and closes below 1527.8.
Technical Summary:
EMA(50) : 1587.2
EMA(200): 1570.5
RSI(14) : 55.83 + Bearish Divergent
Economic News Release Agenda:
From the United States at 18:00 PM this afternoon, there will be a release of economic data, the NFIB Small Business Index, but when the United States market opens, there will be no data releases due to the Veterans Day holiday.
