#PLF

Although RSI(14) indicator remains in the Neutral-Bearish area, but both EMAs are still in a Golden Cross, so that it's indicating potential for Platinum to strengthen toward its nearest resistance.

Key Levels

1. Resistance. 2 : 2508.7

2. Resistance. 1 : 2442.3

3. Pivot : 2351.2

4. Support. 1 : 2284.8

5. Support. 2 : 2193.7

Tactical Scenario

Positive Reaction Zone: If the price breaks out above 2442.3, #PLF may continue upward toward 2508.7.

Momentum Extension Bias: If 2508.7 is broken, there is potential for #PLF to extend its rally to 2599.8.

Invalidation Level / Bias Revision

The upside bias weakens if the price breaks and closes below 2193.7.

Technical Summary

EMA(50) : 2362.7

EMA(200): 2282.6

RSI(14) : 41.18

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - Final Manufacturing PMI - 21:45 WIB

US - ISM Manufacturing PMI - 22:00 WIB

US - ISM Manufacturing Prices - 22:00 WIB