Platinum Futures Rises By 7% In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 7.81% for the last 21 sessions. At 14:52 EST on Tuesday, 9 April, Platinum (PL) is $988.80.

Volume

Today’s last reported volume for Platinum is 36310, 99.99% below its average volume of 7811290606.25.

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 Monday, 8 April, "This, along with the upbeat US NFP-inspired US Dollar (USD) strength, prompts some profit-taking around Crude Oil prices, especially after the recent blowout rally witnessed over the past two months or so.", "The optimism is being fueled by positive economic data from China - the world’s top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices."
  • Crude oil forecast: continues to power higher – 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."
  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "The movement higher in WTI Crude Oil is certainly a fact, but traders should not bet on buying positions blindly.", "Within a few hours upwards momentum and the 83.000 USD level in WTI Crude Oil was again being tested on Monday and this time it sustained value. "

More news about Platinum (PL).

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