Platinum Futures Bearish Momentum With A 11% Fall In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 11.77% for the last 21 sessions. At 14:51 EST on Friday, 30 June, Platinum (PL) is $910.50.

Volume

Today’s last reported volume for Platinum is 19716, 99.99% below its average volume of 9739512256.65.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.62%, a negative 0.76%, and a positive 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 0.69% (last week), 1.06% (last month), and 1.29% (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 Thursday, 29 June, "EIA Crude Oil Stocks Change dropped -9.603 million barrels (M) for the week ended on June 23 versus -1.757M market forecasts and -3.831M previous readings."
  • WTI crude oil forecast: brent markets navigating volatility – 29 June 2023. According to DailyForex on Thursday, 29 June, "During Wednesday’s trading session, the WTI Crude Oil market displayed indecisiveness, oscillating back and forth. ", "The West Texas Intermediate Crude Oil and Brent markets have experienced significant fluctuations in recent trading sessions. "

More news about Platinum (PL).

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