Platinum (XPTUSD) Up $13.75 Over Past 4 Hours, 2 Day Down Streak Broken; Pin Bar Pattern Appearing on Chart

Platinum 4 Hour Price Update

Updated July 14, 2020 11:17 AM GMT (07:17 AM EST)

The choppiness in the recent four-hour candle price action of Platinum continues; to start the current 4 hour candle, it came in at a price of 828.3437 US dollars, up 1.69% ($13.75) since the last 4 hour candle. Relative to other instruments in the metals asset class, Platinum ranked 2nd since the last 4 hour candle in terms of percentage price change.

Platinum Daily Price Recap

The back and forth price flow continues for Platinum, which started today off at 828.3437 US dollars, up 1.69% ($13.75) from yesterday. Out of the 5 instruments in the metals asset class, Platinum ended up ranking 2nd for the day in terms of price change relative to yesterday. Here is a daily price chart of Platinum.

Platinum Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Platinum’s price has gone up 5 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

Over on Twitter, here were the top tweets about Platinum:

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Close: $839.7 USD per oz 2020-07-14 12:30:18 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $841.7 USD per oz 2020-07-14 08:30:18 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Close: $843.9 USD per oz 2020-07-13 12:30:18 HKT