(VIANEWS) – Platinum (PL) is currently on bearish momentum. At 14:53 EST on Friday, 1 July, Platinum (PL) is at $879.50 and 2.1% down since the last session’s close.
Today’s last reported volume for Platinum is 21225, 99.99% below its average volume of 15045073874.82.
Concerning Platinum’s daily highs and lows, it’s 0.193% down from its trailing 24 hours low of $881.20 and 1.124% down from its trailing 24 hours high of $889.50.
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.26%, a negative 0.48%, and a positive 1.44%, respectively.
Platinum’s highest amplitude of average volatility was 0.38% (last week), 1.38% (last month), and 1.44% (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
- WTI crude oil forecast: price approaches 50-day EMA – 28 June 2022. According to DailyForex on Tuesday, 28 June, "The West Texas Intermediate Crude Oil market rallied after initially falling on Monday to show signs of life again. ", "The WTI Crude Oil market is approaching the $110 level and by extension the 50-day EMA. "
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