Platinum Futures Bearish By 6% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 6.03% for the last 10 sessions. At 23:51 EST on Wednesday, 4 October, Platinum (PL) is $877.80.

Volume

Today’s last reported volume for Platinum is 1707, 99.99% below its average volume of 9108567800.96.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.43%, a negative 0.02%, and a positive 1.23%, respectively.

Platinum’s highest amplitude of average volatility was 0.99% (last week), 1.28% (last month), and 1.23% (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 Tuesday, 3 October, " Oil traders will keep an eye on the US JOLTS Job Openings and the weekly Crude Oil Stock from API and EIA for the week ending of September 29 due on Tuesday. "
  • Crude oil forecast: markets face hesitation amid production cuts – 03 October 2023. According to DailyForex on Tuesday, 3 October, "The West Texas Intermediate Crude Oil market tried to rally on Monday but couldn’t sustain its gains, similar to Friday’s performance. "

More news about Platinum (PL).

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