Platinum Futures Bearish Momentum With A 9% Drop In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 9.72% for the last 21 sessions. At 07:53 EST on Monday, 22 January, Platinum (PL) is $903.30.

Volume

Today’s last reported volume for Platinum is 5756, 99.99% below its average volume of 8414772432.41.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.93%, 0.68%, and 1.27%, respectively.

Platinum’s highest amplitude of average volatility was 1.43% (last week), 0.95% (last month), and 1.27% (last quarter), respectively.

News about

  • WTI crude oil weekly forecast – steady range trading and polite price action – 21 January 2024. According to DailyForex on Sunday, 21 January, "It has been freezing in many locations in North America and the weather has failed to ignite a buying surge in Natural Gas which is correlated to WTI Crude Oil and can be used as a barometer for current price levels. ", "WTI Crude Oil went into the weekend near the 73.350 mark and while it did hit a high for the week on Friday around the 74.600 USD level, the fact that the commodity finished the week showing a selloff tells us a bit about current behavioral sentiment in the energy sector. "
  • Crude oil forecast – crude oil continues to attempt to discern directionality – 22 January 2024. According to DailyForex on Monday, 22 January, "Looking specifically at the West Texas Intermediate (WTI) Crude Oil Market, it attempted a modest rally during Friday’s trading session. "

More news about Platinum (PL).

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