Platinum Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.33% for the last 5 sessions. At 23:50 EST on Monday, 1 April, Platinum (PL) is $917.00.

Volume

Today’s last reported volume for Platinum is 2065, 99.99% below its average volume of 7890997375.23.

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

  • Crude oil weekly forecast: another challenge to mid-term highs displayed – 31 March 2024. According to DailyForex on Sunday, 31 March, "In April of 2023 the price of WTI Crude Oil was slightly above 83.000 USD in the second week of the month. ", "Trading on Monday in Crude Oil may be lighter than normal due to the holiday, but speculators should be braced for Tuesday’s price action which could see increased price velocity.WTI Crude Oil Weekly Outlook:Speculative price range for WTI Crude Oil is 79.900 to 84.200"

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