analytics1_1

Platinum appears to remain dominated by Sellers and thus has the potential to continue its weakening bias

Platinum appears to remain dominated by Sellers and thus has the potential to continue its weakening bias

Technical analysis

2026-02-03 05:34:27

btc_content4_4 Arief Makmur

#For beginners #TechnicalAnalysis

[Platinum]

Although the RSI(14) indicator is at a Neutral-Bullish level, but with both EMAs still forming a Death Cross, then selling pressure appears to dominate #PLF today.

Key Levels

1. Resistance. 2 : 2202.0

2. Resistance. 1 : 2159.5

3. Pivot : 2118.0

4. Support. 1 : 2075.5

5. Support. 2 : 2034.0

Tactical Scenario

Pressure Zone: If the price breaks down below 2118.0, this indicates potential pressure toward 2075.5.

Momentum Extension Bias: If 2075.5 is broken to the downside, Platinum could continue weakening to 2034.0.

Invalidation Level / Bias Revision

The downside bias is restrained if #PLF strengthens and breaks above 2202,0.

Technical Summary

EMA(50) : 2195.0

EMA(200): 2426.7

RSI(14) : 51.05

Economic News Release Agenda:

Tonight the United States will release the following economic data:

US - JOLTS Job Openings - Tentative

US - RCM/TIPP Economic Optimism - Tentative

US - Wards Total Vehicle Sales - All Day

US - API Weekly Statistical Bulletin - 04:30 WIB

analytics69817aa8c20e8.jpg

Смотрите также