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23.02.202609:51 Forex Analysis & Reviews: Technical Analysis of Platinum price movement on Monday, February 23, 2026

Relevance up to 23:00 2026-02-23 UTC--5
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[Platinum]

With all technical indicators condition showing strength for Platinum, then Today it has the potential to strengthen toward its nearest resistance level.

Key Levels

1. Resistance. 2 : 2257.2

2. Resistance. 1 : 2212.8

3. Pivot : 2136.7

4. Support. 1 : 2092.3

5. Support. 2 : 2016.2

Tactical Scenario

Positive Reaction Zone: If the price breaks and closes above 2212.8, #PLF may move up toward 2257.2.

Momentum Extension Bias: If 2257.2 is broken, there is potential to continue up to 2333.3.

Invalidation Level / Bias Revision

The upside bias weakens if Platinum falls below 2016.2.

Technical Summary

EMA(50) : 2149.7

EMA(200): 2098.2

RSI(14) : 56.65

Economic News Release Agenda:

Tonight the United States will release Factory Orders economic data m/m at 22:00 WIB.

Exchange Rates 23.02.2026 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2026

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