Platinum (XPTUSD) Down $3.84 in Last 4 Hours, Entered Today Up 0.95%; in an Uptrend Over Past 30 Days

Platinum 4 Hour Price Update

Updated December 18, 2020 01:59 AM GMT (09:59 PM EST)

Platinum entered the current 4 hour candle at $1038.09314, down 0.37% ($3.84) from the last 4 hour candle. On a relative basis, Platinum was the worst performer out of all 5 of the assets in the metals asset class the current 4 hour candle.

Platinum Daily Price Recap

The back and forth price flow continues for Platinum, which started today off at 1044.21289 US dollars, up 0.95% ($9.85) from the day prior. Out of the 5 instruments in the metals asset class, Platinum ended up ranking 4th for the day in terms of price change relative to the day prior. Here is a daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

Volatility for Platinum has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Platinum’s price has gone up 9 them.