Platinum Futures Bearish Momentum With A 10% Slide In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 10.2% for the last 21 sessions. At 11:54 EST on Wednesday, 9 August, Platinum (PL) is $893.50.

Today’s last reported volume for Platinum is 16528, 99.99% below its average volume of 9594507525.53.

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.69%, 0.70%, and 1.16%, respectively.

Platinum’s highest amplitude of average volatility was 0.69% (last week), 1.21% (last month), and 1.16% (last quarter), respectively.

Crude oil forecast: A bullish outlook for crude oil markets – 08 August 2023. According to DailyForex on Tuesday, 8 August, "The West Texas Intermediate Crude Oil market was a sight to behold during Monday’s trading session, showing remarkable strength as it made a daring attempt to surpass the critical $82.50 resistance level. ", "Both the WTI Crude Oil and Brent markets are currently riding high on bullish momentum, driven by the anticipation of a tightening oil supply through Saudi Arabia’s production cuts. "

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