Platinum Futures Bullish By 9% In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 9.89% for the last 21 sessions. At 11:51 EST on Tuesday, 1 October, Platinum (PL) is $1,004.70.

Volume

Today’s last reported volume for Platinum is 17729, 99.99% below its average volume of 6948051126.16.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.

Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (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 oversold (<=20).

News about

  • According to FXStreet on Tuesday, 1 October, "The latter should act as a pivotal point, which if cleared could allow Crude Oil prices to reclaim the $69.00 mark and climb further towardthe $70.00 psychological mark.", "This, along with some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve (Fed) Chair Jerome Powell’s relatively hawkish remarks on Monday, turn out to be key factors weighing on Crude Oil prices."

More news about Platinum (PL).

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