Platinum (XPTUSD) Up $1.07 On 4 Hour Chart, Tops All metals; 2 Day Down Streak Snapped

Platinum 4 Hour Price Update

Updated December 16, 2020 01:58 AM GMT (09:58 PM EST)

Platinum came into the current 4 hour candle up 0.1% ($1.07) from the open of the last 4 hour candle, marking the 5th consecutive candle an upward move has occurred. Platinum outperformed all 5 assets in the metals asset class since the last 4 hour candle. Congrats to its holders!

Platinum Daily Price Recap

1036.49646 was the closing price of the day for Platinum, resulting in today being one in which price moved up 2.89% ($29.14) from yesterday. Platinum outperformed all 5 assets in the metals asset class since yesterday. Below is a daily price chart of Platinum.

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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. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Platinum’s price has gone up 9 them.