Platinum Futures Jumps By 4% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.31% for the last 5 sessions. At 05:51 EST on Tuesday, 22 August, Platinum (PL) is $924.10.

Volume

Today’s last reported volume for Platinum is 4209, 99.99% below its average volume of 9606426259.95.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.73%, 0.41%, and 1.17%, respectively.

Platinum’s highest amplitude of average volatility was 1.73% (last week), 1.08% (last month), and 1.17% (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, 22 August, " Moving on, oil traders will keep an eye on the American Petroleum Institute’s (API) Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending August 18. "
  • Crude oil forecast: continues to look for buyers in order to breakout – 21 August 2023. According to DailyForex on Monday, 21 August, "The West Texas Intermediate Crude Oil market embarked on an initial attempt to rally during Friday’s trading session, pushing against the $80 threshold. ", "Like the WTI Crude Oil landscape, Brent’s trajectory is characterized by the presence of the 200-Day EMA and the 50-Day EMA underneath. "

More news about Platinum (PL).

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