With all technical indicators showing strengthening signals, then Platinum has the potential to rise today. Thursday, October

[Redator]

[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

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