Platinum Futures Bullish Momentum With A 3% Rise In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 3% for the last 5 sessions. At 20:54 EST on Sunday, 7 April, Platinum (PL) is $934.90.

Volume

Today’s last reported volume for Platinum is 1267, 99.99% below its average volume of 7923337585.06.

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

  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "If cooler heads can prevail early this week and get into Wednesday with no serious news developments this might allow for the price of WTI Crude Oil to trade within conditions in which supply and demand will again become the talking points. ", "The ability of WTI Crude Oil needs to be looked at with careful perspectives and make sure that buying positions aren’t merely reacting to noise from the media which looks for easy excuses to explain upswings in prices. "

More news about Platinum (PL).

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