Platinum Futures Falls By 4% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.9% for the last 10 sessions. At 07:50 EST on Monday, 12 February, Platinum (PL) is $886.10.


Today’s last reported volume for Platinum is 5488, 99.99% below its average volume of 8253123015.72.


Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).

News about

  • WTI crude oil weekly forecast: prices edged higher going into last weekend – 11 February 2024. According to DailyForex on Sunday, 11 February, "However, after touching the support level again, Crude Oil began to find other buyers and hit the 76.500 mark and went into the weekend near the 76.470 price.", "The price of WTI Crude Oil appears ready to remain within its known price range and likely not find too much buying momentum above the 78.000 price unless there is a news event this coming week which sparks fear and causes speculative buying. "
  • Crude oil forecast: continues to build a case for buying – 12 February 2024. According to DailyForex on Monday, 12 February, "In the WTI Crude Oil market, there was a slight pullback observed on Friday, but it appears to be part of a broader pattern of sustained bullishness that began on Thursday. "

More news about Platinum (PL).

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