Platinum Daily Price Recap
The choppiness in the recent daily price action of Platinum continues; to start today, it came in at a price of 896.9269 US dollars, up 1.69% ($14.93) since the previous day. Relative to other instruments in the metals asset class, Platinum ranked 3rd since the previous day in terms of percentage price change. Here is a daily price chart of Platinum.
Platinum Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Traders will also want to note, though, that a counter trend — meaning a trend going down — can be seen on the 30 day timeframe. So if you expect the primary trend to resume, the counter trend may be providing an opportunity to buy dips. Or to view things another way, note that out of the past 10 days Platinum’s price has gone up 6 them.
Overheard on Twitter
Behold! Here are the top tweets related to Platinum: