Platinum Futures Bearish Momentum With A 3% Fall In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 3.29% for the last 5 sessions. At 05:52 EST on Tuesday, 13 June, Platinum (PL) is $998.00.

Volume

Today’s last reported volume for Platinum is 496, 99.99% below its average volume of 10215551306.4.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a negative 0.44%, and a positive 1.33%, respectively.

Platinum’s highest amplitude of average volatility was 0.79% (last week), 0.95% (last month), and 1.33% (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 overbought (>=80).

News about

  • Crude oil forecast: continues to see a lot of noisy behavior – 12 June 2023. According to DailyForex on Monday, 12 June, "In contrast, the Brent Crude Oil market exhibited a relatively quiet trading session on Friday. ", "Overall, the WTI Crude Oil market is grappling with uncertainties surrounding demand and supply, while the Brent market faces resistance from the 50-Day EMA. "

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