Platinum (XPTUSD) Down $17.9 in Last 4 Hours, Started Today Down 2.03%; Breaks Below 20 Day Average

Platinum Daily Price Recap

The choppiness in the recent daily price action of Platinum continues; to start today, it came in at a price of 865.1348 US dollars, down 2.03% ($17.9) since yesterday. 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 yesterday. Let’s take a look at the daily price chart of Platinum.

XPTUSD

Platinum Technical Analysis

Notably, Platinum crossed below its 20 day moving average yesterday. Price action traders in particular will want to note that the 14 and 30 day periods 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 10 days Platinum’s price has gone up 6 them.

Overheard on Twitter

Behold! Here are the top tweets related to Platinum:

  • From platinumquote:

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