Platinum has the potential to strengthen today, although there is a possibility of limited correction. Tuesday, November

[Ben Graham]

[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.

The material has been provided by InstaForex Company - www.instaforex.com