Hello everyone, today XM brings you "Technical Analysis of Platinum Intraday Price Movement. Monday, May 04, 2026". We hope it helps you! Original content is as follows:

PLATINUM

With the EMAs condition which forms a Golden Cross intersection,xm外汇开户流程 confirms that Platinum's bullish bias still strengthen, so that in the near term it is likely to test its nearest resistance level.

Key Levels

1. Resistance. 2 : 2057.2

2. Resistance. 1 : 2028.3

3. Pivot : 1997.7

4. Support. 1 : 1968.8

5. Support. 2 : 1938.2

Tactical Scenario

Positive Reaction Zone: If the price holds above 1997.7, there is a likelihood Platinum will move up toward 2028.3.

Momentum Extension Bias: If 2028.3 is broken, #PLF may test 2057.2.

Invalidation Level / Bias Revision

The upside bias weakens if Platinum falls and breaks below 1938.2.

Technical Summary

EMA(50) : 1995.5

EMA(200): 1978.6

RSI(14) : 48.03

Economic News Release Schedule:

Tonight the United States will release one economic data point: Factory Orders m/m at 21:00 WIB.

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