Platinum (XPTUSD) Up $14.53 in Last 4 Hours, Tops All metals; Pin Bar Pattern Appearing on Chart

Platinum 4 Hour Price Update

Updated November 13, 2020 08:17 AM GMT (04:17 AM EST)

The back and forth price flow continues for Platinum, which started the current 4 hour candle off at 879.6678 US dollars, up 1.68% ($14.53) from the previous 4 hours. On a relative basis, the current 4 hour candle were pretty good: Platinum bested all 5 of the assets in the metals class ๐Ÿ™‚

Platinum Daily Price Recap

Platinum entered today at $879.87982, up 1.7% ($14.75) from the day prior. On a relative basis, today was pretty good: Platinum bested all 5 of the assets in the metals class ๐Ÿ™‚ Below is a daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

Notably, Platinum crossed above its 20 day moving average yesterday. Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 14 days Platinum’s price has gone up 8 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

Behold! Here are the top tweets related to Platinum:

  • From TAPE971:

    @basharghafour @TheCrewGame Itยดs a dynamic points system… You need to improve your scores just as others need to as well if they want to keep the platinum price

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $861.2 USD per oz 2020-11-12 08:30:18 HKT