Platinum Futures Over 7% Up In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 7.58% for the last 21 sessions. At 16:50 EST on Monday, 6 November, Platinum (PL) is $941.90.

Volume

Today’s last reported volume for Platinum is 4762, 99.99% below its average volume of 9034082171.28.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.93%, 1.20%, and 1.28%, respectively.

Platinum’s highest amplitude of average volatility was 1.00% (last week), 1.41% (last month), and 1.28% (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

  • According to DailyForex on Sunday, 5 November, "The West Texas Intermediate Crude Oil market continues to move on the latest headlines coming out of Gaza, and of course the idea of whether or not the economy will support higher prices. "
  • WTI crude oil: weekly forecast 5th November – 11th November – 05 November 2023. According to DailyForex on Sunday, 5 November, "Technically the price of Crude Oil has declined since the 20th of October and has certainly come off highs seen in late September when the commodity flirted with the 94.000 USD level momentarily. ", "If WTI Crude Oil begins to challenge the 80.000 USD level early this week it could be a sign the energy could slump lower, this while commodity companies search for equilibrium. "
  • According to FXStreet on Monday, 6 November, "West Texas Intermediate (WTI) Crude Oil prices struggle to gain any meaning on the first day of a new week and oscillate in a narrow trading band around the $80.70-$80.75 region during the Asian session. ", "This, along with developments surrounding the Israel-Hamas conflict and the USD price dynamics, should contribute to producing some meaningful trading opportunities around Crude Oil prices."

More news about Platinum (PL).

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