Platinum (XPTUSD) Up $7.14 On 4 Hour Chart, Entered Today Up For the 3rd Day In A Row; Breaks Above 20 Day Average

Platinum 4 Hour Price Update

Updated June 24, 2020 03:18 PM GMT (11:18 AM EST)

Platinum closed the last 4 hour candle up 0.87% ($7.14); this denotes the 3rd candle in a row an upward move has occurred. 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

Platinum came into today up 0.75% ($6.14) from the open of the previous day, marking the 3rd day in a row an upward move has occurred. Relative to other instruments in the metals asset class, Platinum ranked 3rd since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of Platinum.

Platinum Technical Analysis

Notably, Platinum crossed above its 20 day moving average yesterday. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Platinum’s price has gone up 16 them.

Overheard on Twitter

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

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $837.3 USD per oz 2020-06-23 08:30:18 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $824.0 USD per oz 2020-06-22 08:30:18 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $842.2 USD per oz 2020-06-24 08:30:18 HKT