[Platinum]

Although both EMAs are still in a Death Cross, but with RSI(14) indicator in the Neutral-Bullish level indicates that Platinum has an opportunity to strengthen in the near term.

Key Levels

1. Resistance. 2 : 2216.8

2. Resistance. 1 : 2169.2

3. Pivot : 2101.8

4. Support. 1 : 2054.2

5. Support. 2 : 1986.8

Tactical Scenario

Positive Reaction Zone: If the price breaks above 2169.2, the advance may continue toward 2216.8.

Momentum Extension Bias: If 2216.8 is broken, there is potential for #PLF to reach 2284.2.

Invalidation Level / Bias Revision

The upside bias weakens if the price falls below 1986.8.

Technical Summary

EMA(50) : 2095.5

EMA(200): 2129.1

RSI(14) : 52.83

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From the United States the following economic data will be released:

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US - Core Retail Sales m/m - 20:30 WIB

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