Platinum Enters Today Up 4.63%

The Daily View for Platinum

  • At the time of this writing, XPTUSD’s price is up $42.17 (4.63%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence between XPTUSD’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in XPTUSD’s price.

Below is a daily price chart of Platinum.


Featured Platinum Idea From TradingView

Below is a trading comment entitled Another Fall of Crypto, Evergrande and Metals you may find interesting:

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