analytics1_1
Platinum is likely to weaken toward its nearest support level today. Monday, November 03, 2025.
Platinum is likely to weaken toward its nearest support level today. Monday, November 03, 2025.
Technical analysis
2025-11-03 07:01:02
[Platinum] – [Monday, November 03, 2025]
With both of EMAs in a Death Cross configuration and the price movement below both EMAs, despite the RSI remaining in the Neutral-Bullish zone, then #PLF has the potential to weaken toward its nearest support today.
Key Levels:1. Resistance. 2 : 1647.2
2. Resistance. 1 : 1609.3
3. Pivot : 1590.2
4. Support. 1 : 1552.3
5. Support. 2 : 1533.2
Tactical Scenario:
Pressure Zone: If the price breaks down and closes below 1590.2, there is potential for it to continue weakening to 1552.3.
Momentum Extension Bias: If 1552.3 is breached and closes below it, #PLF may test the 1533.2 level.
Invalidation Level/ Bias Revision:
The downside bias is restrained if the price of Platinum strengthens and closes above 1647.2.
Technical Summary:
EMA(50) : 1588.1
EMA(200): 1591.4
RSI(14) : 56.13
Economic News Release Agenda:
Tonight, the following economic data will be released from the United States:
US - Final Manufacturing PMI - 21:45 WIB
US - ISM Manufacturing PMI - 22:00 WIB
US - ISM Manufacturing Prices - 22:00 WIB
US - Construction Spending m/m- Tentative
US - Wards Total Vehicle Sales- All Day
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