Platinum 4 Hour Price Update
Updated November 13, 2020 01:56 AM GMT (09:56 PM EST)
The choppiness in the recent four-hour candle price action of Platinum continues; to start the current 4 hour candle, it came in at a price of 879.87982 US dollars, up 1.7% ($14.75) since 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 🙂
Platinum Daily Price Recap
879.87982 was the closing price of the day for Platinum, resulting in today being one in which price moved up 1.7% ($14.75) from the previous day. Platinum outperformed all 5 assets in the metals asset class since the previous day. Congrats to its holders! Below is a 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 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Platinum’s price has gone up 7 of the previous 10 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!
Overheard on Twitter
Behold! Here are the top tweets related to Platinum: