(VIANEWS) – Platinum (PL) has been up by 2.49% for the last 5 sessions. At 07:51 EST on Monday, 5 February, Platinum (PL) is $906.10.
Volume
Today’s last reported volume for Platinum is 7773, 99.99% below its average volume of 8306311634.84.
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: mid-term support challenged as risks escalate – 04 February 2024. According to DailyForex on Sunday, 4 February, "If WTI Crude Oil falls below the 72.000 level and sees sustained trading beneath on Monday, this could be a strong indication other bearish factors are weighing on the commodity.", "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Commodity Trading in WTI Crude Oil has Complex Mechanics"
- Crude oil forecast: crude falls after NFP jobs number surprises – 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
More news about Platinum (PL).
