Platinum (XPTUSD) Up $18.34 in Last 4 Hours, Underperforms All metals; Started Today Down 0.6%

Platinum 4 Hour Price Update

Updated June 01, 2020 11:17 PM GMT (07:17 PM EST)

Platinum closed the last 4 hour candle up 2.2% ($18.34); this denotes the 6th candle in a row an increase has occurred. Platinum outperformed all 5 assets in the metals asset class since the last 4 hour candle.

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 833.2087 US dollars, down 0.6% ($5.04) since yesterday. Those trading within the metals asset class should know that Platinum was the worst performer in the class today. The daily price chart of Platinum below illustrates.

Platinum Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 15 out of the past 30 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

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

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $871.0 USD per oz 2020-06-01 08:30:23 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Close: $877.8 USD per oz 2020-06-01 12:30:23 HKT

  • From platinumquote:

    New York Comex #Platinum #Price Close: $893.2 USD per oz 2020-06-01 13:30:23 EDT