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FX.co ★ With all technical indicators showing strengthening signals, then Platinum has the potential to rise today. Thursday, October 02, 2025.

With all technical indicators showing strengthening signals, then Platinum has the potential to rise today. Thursday, October 02, 2025.

[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

With all technical indicators showing strengthening signals, then Platinum has the potential to rise today. Thursday, October 02, 2025.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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