Platinum Futures Bullish Momentum With A 9% Rise In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 9.21% for the last 10 sessions. At 02:51 EST on Tuesday, 18 July, Platinum (PL) is $992.80.

Volume

Today’s last reported volume for Platinum is 2440, 99.99% below its average volume of 9888967683.37.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 2.46%, 0.21%, and 1.31%, respectively.

Platinum’s highest amplitude of average volatility was 2.46% (last week), 1.54% (last month), and 1.31% (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 forecast: oil markets navigate volatile terrain amid technical indicators – 17 July 2023. According to DailyForex on Monday, 17 July, "Ultimately, the Crude Oil markets, encompassing WTI and Brent, have encountered volatility as they retraced from the 200-Day EMA levels. "
  • Canadian dollar reverses lower after crude oil’s slippery slide. According to FXStreet on Monday, 17 July, "WTI Crude Oil declined from a peak above $77 a barrel to a low of $73.70 reached on Monday during the Asian session. "

More news about Platinum (PL).

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