Platinum (XPTUSD) Down $21.25 in Last 4 Hours, Started Today Down 2.22%; in an Uptrend Over Past 90 Days

Platinum Daily Price Recap

Platinum entered today at $936, down 2.22% ($21.25) from yesterday. Relative to other instruments in the metals asset class, Platinum ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Platinum.

XPTUSD

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. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Platinum’s price has gone up 7 of the previous 10 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Platinum for the past day were:

  • From honkinstonks:

    My god this one is gonna 🚀 $MEDH anything below .04 is a platinum price tag. Big things on the horizon for $UPWT too.

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Open: $955.5 USD per oz 2020-08-17 08:30:18 HKT

  • From platinumquote:

    Hong Kong #Platinum #Price Morning Session Close: $957.0 USD per oz 2020-08-17 12:30:18 HKT