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Platinum Futures Bearish Momentum With A 5% Fall In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.76% for the last 10 sessions. At 02:53 EST on Friday, 6 October, Platinum (PL) is $861.50.

Volume

Today’s last reported volume for Platinum is 1970, 99.99% below its average volume of 9013023456.23.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.28%, a positive 0.07%, and a positive 1.22%, respectively.

Platinum’s highest amplitude of average volatility was 1.13% (last week), 1.24% (last month), and 1.22% (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

  • According to FXStreet on Wednesday, 4 October, "West Texas Intermediary (WTI) Crude Oil trades lower around $88.00 per barrel by the press time."
  • Crude oil forecast: stability returns to crude oil markets, will it last? – 04 October 2023. According to DailyForex on Wednesday, 4 October, "The West Texas Intermediate Crude Oil market faced early declines on Tuesday but managed to stage a turnaround, indicating a renewed spark of life. "

More news about Platinum (PL).

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